PPP Loan information for Pragati 101 inc

$38,355

Pragati 101 inc was initially approved for PPP Loan of amount $38,355, the current approved amount is $38,355. The loan was approved on 05/07/2020 by The Truist Bank reported 10 jobs and $38,355 was used to fund payroll.

Pragati 101 inc is New Business or 2 years or less

PRAGATI 101 INC

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRAGATI 101 INC

Borrower Address

7304 W Wilkinson Blvd

Borrower City

Belmont

Borrower State

NC

Borrower Zip

28012

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38355.00

Current Approval Amount

38355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Belmont

Project County Name

GASTON

Project State

NC

Project Zip

28012-0001

CD

NC-14

Jobs Reported

10

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38355.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31537.03

Forgiveness Date

12/08/2020

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