PPP Loan information for Bao nguyen inc

$40,000

Bao nguyen inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/15/2020 by The Customers Bank reported 6 jobs and $40,000 was used to fund payroll.

Bao nguyen inc is Existing or more than 2 years old

BAO NGUYEN INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BAO NGUYEN INC

Borrower Address

11656 Fountains Drive

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

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

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

6

NAICS Code

812113

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40286.03

Forgiveness Date

01/25/2021

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