PPP Loan information for Prakat llc

$76,541

Prakat llc was initially approved for PPP Loan of amount $76,541, the current approved amount is $76,541. The loan was approved on 02/16/2021 by The Fifth Third Bank reported 17 jobs and $76,541 was used to fund payroll.

Prakat llc is Existing or more than 2 years old

PRAKAT LLC

Date Approved

02/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRAKAT LLC

Borrower Address

137 West St

Borrower City

Gaylord

Borrower State

MI

Borrower Zip

49735-1947

Loan Status Date

07/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76541.00

Current Approval Amount

76541.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaylord

Project County Name

OTSEGO

Project State

MI

Project Zip

49735-1947

CD

MI-01

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76535.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77525.40

Forgiveness Date

06/02/2022

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