PPP Loan information for Panacea direct inc

$80,477

Panacea direct inc was initially approved for PPP Loan of amount $80,477, the current approved amount is $80,477. The loan was approved on 01/22/2021 by The Bank of America, National Association reported 6 jobs and $80,477 was used to fund payroll.

Panacea direct inc is Existing or more than 2 years old

PANACEA DIRECT INC

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PANACEA DIRECT INC

Borrower Address

35 Journal Sq Ste 459

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07306-4007

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80477.00

Current Approval Amount

80477.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07306-4007

CD

NJ-10

Jobs Reported

6

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

80475.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80924.58

Forgiveness Date

09/01/2021

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