PPP Loan information for Saini brothers inc

$62,947

Saini brothers inc was initially approved for PPP Loan of amount $62,947, the current approved amount is $62,947. The loan was approved on 01/21/2021 by The Bank of America, National Association reported 11 jobs and $62,947 was used to fund payroll.

Saini brothers inc is Existing or more than 2 years old

SAINI BROTHERS INC

Date Approved

01/21/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SAINI BROTHERS INC

Borrower Address

73980 Highway 111

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92260-4004

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62947.00

Current Approval Amount

62947.00

Undisbursed Amount

0.00

Franchise Name

AM/PM Mini-Mart Agreement - ARCO Fuel - Contract Dealer Gasoline Agreement (Tesoro)

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-4004

CD

CA-41

Jobs Reported

11

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62945.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63486.79

Forgiveness Date

12/02/2021

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