PPP Loan information for Prakash, inc.

$89,300

Prakash, inc. was initially approved for PPP Loan of amount $89,300, the current approved amount is $89,300. The loan was approved on 04/30/2020 by The Live Oak Banking Company reported 22 jobs and $89,300 was used to fund payroll.

Prakash, inc. is Existing or more than 2 years old

PPP Loan Search / NC / New Bern / Prakash, inc.

PRAKASH, INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRAKASH, INC.

Borrower Address

3465 M.L.K. Jr Blvd

Borrower City

New Bern

Borrower State

NC

Borrower Zip

28562

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89300.00

Current Approval Amount

89300.00

Undisbursed Amount

0.00

Franchise Name

Candlewood Suites

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Bern

Project County Name

CRAVEN

Project State

NC

Project Zip

28562-0001

CD

NC-03

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89300.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90415.64

Forgiveness Date

08/05/2021

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