PPP Loan information for Shakti inc.

$48,800

Shakti inc. was initially approved for PPP Loan of amount $48,800, the current approved amount is $48,800. The loan was approved on 04/28/2020 by The Simmons Bank reported 12 jobs and $48,800 was used to fund payroll.

Shakti inc. is Unanswered

SHAKTI INC.

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SHAKTI INC.

Borrower Address

1925 Junction City Road

Borrower City

El Dorado

Borrower State

AR

Borrower Zip

71730

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48800.00

Current Approval Amount

48800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

El Dorado

Project County Name

UNION

Project State

AR

Project Zip

71730-0001

CD

AR-04

Jobs Reported

12

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48800.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49293.42

Forgiveness Date

05/20/2021

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