PPP Loan information for Sahara enterprises inc

$75,953

Sahara enterprises inc was initially approved for PPP Loan of amount $75,953, the current approved amount is $75,953. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $75,953 was used to fund payroll.

Sahara enterprises inc is New Business or 2 years or less

SAHARA ENTERPRISES INC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SAHARA ENTERPRISES INC

Borrower Address

605 INDUSTRY DR

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23661-1316

Loan Status Date

11/19/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

75953.00

Current Approval Amount

75953.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23661-1316

CD

VA-03

Jobs Reported

11

NAICS Code

485310

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75953.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66779.24

Forgiveness Date

08/05/2021

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