PPP Loan information for Akrit sales and service inc.

$417,488

Akrit sales and service inc. was initially approved for PPP Loan of amount $417,488, the current approved amount is $417,488. The loan was approved on 04/08/2020 by The Tri City National Bank reported 35 jobs and $417,488 was used to fund payroll.

Akrit sales and service inc. is Existing or more than 2 years old

PPP Loan Search / WI / NEW BERLIN / Akrit sales and service inc.

AKRIT SALES AND SERVICE INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AKRIT SALES AND SERVICE INC.

Borrower Address

17300 W. Cleveland Ave.

Borrower City

NEW BERLIN

Borrower State

WI

Borrower Zip

53146-2203

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417488.00

Current Approval Amount

417488.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76623

Servicing Lender Name

Tri City National Bank

Servicing Lender Address

6400 S 27th St

Servicing Lender City

OAK CREEK

Servicing Lender State

WI

Servicing Lender Zip

53154-1015

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BERLIN

Project County Name

WAUKESHA

Project State

WI

Project Zip

53146-2203

CD

WI-05

Jobs Reported

35

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2584.00

Payroll Proceed

401904.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76623

Originating Lender

Tri City National Bank

Originating Lender City

OAK CREEK

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

409876.33

Forgiveness Date

11/12/2020

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