PPP Loan information for Malhotra enterprises

$17,500

Malhotra enterprises was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $17,500 was used to fund payroll.

Malhotra enterprises is New Business or 2 years or less

MALHOTRA ENTERPRISES

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MALHOTRA ENTERPRISES

Borrower Address

1165 WEILAND RD

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-7006

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

Undisbursed Amount

0.00

Franchise Name

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

Y

Business Age Description

New Business or 2 years or less

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-7006

CD

IL-10

Jobs Reported

8

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17762.26

Forgiveness Date

11/04/2021

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