PPP Loan information for Akal industries inc.

$25,115

Akal industries inc. was initially approved for PPP Loan of amount $25,115, the current approved amount is $25,115. The loan was approved on 02/13/2021 by The Customers Bank reported 5 jobs and $25,115 was used to fund payroll.

Akal industries inc. is Existing or more than 2 years old

PPP Loan Search / UT / Taylorsville / Akal industries inc.

AKAL INDUSTRIES INC.

Date Approved

02/13/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

AKAL INDUSTRIES INC.

Borrower Address

6276 S Mount Logan Way

Borrower City

Taylorsville

Borrower State

UT

Borrower Zip

84129-6856

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25115.00

Current Approval Amount

25115.00

Undisbursed Amount

0.00

Franchise Name

7-Eleven, Inc. - Business Conversion Franchise Agreement

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taylorsville

Project County Name

SALT LAKE

Project State

UT

Project Zip

84129-6856

CD

UT-04

Jobs Reported

5

NAICS Code

445110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25115.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25461.79

Forgiveness Date

07/06/2022

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