PPP Loan information for Nanda infotech services inc

$262,500

Nanda infotech services inc was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 04/28/2020 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 12 jobs and $262,500 was used to fund payroll.

Nanda infotech services inc is Existing or more than 2 years old

PPP Loan Search / PA / BENSALEM / Nanda infotech services inc

NANDA INFOTECH SERVICES INC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NANDA INFOTECH SERVICES INC

Borrower Address

3070 Bristol Pike STE 2-107

Borrower City

BENSALEM

Borrower State

PA

Borrower Zip

19020-5357

Loan Status Date

04/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENSALEM

Project County Name

BUCKS

Project State

PA

Project Zip

19020-5357

CD

PA-01

Jobs Reported

12

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

240000.00

Mortgage Interest Proceed

2500.00

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

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264767.71

Forgiveness Date

04/02/2021

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