PPP Loan information for Payal corporation, inc.

$26,371

Payal corporation, inc. was initially approved for PPP Loan of amount $26,371, the current approved amount is $26,371. The loan was approved on 04/27/2020 by The Louisiana National Bank reported 7 jobs and $26,371 was used to fund payroll.

Payal corporation, inc. is Existing or more than 2 years old

PPP Loan Search / LA / MINDEN / Payal corporation, inc.

PAYAL CORPORATION, INC.

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PAYAL CORPORATION, INC.

Borrower Address

1411 SIBLEY RD

Borrower City

MINDEN

Borrower State

LA

Borrower Zip

71055-5137

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26371.40

Current Approval Amount

26371.40

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

28037

Servicing Lender Name

Louisiana National Bank

Servicing Lender Address

2001 N Trenton St

Servicing Lender City

Ruston

Servicing Lender State

LA

Servicing Lender Zip

71270

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINDEN

Project County Name

WEBSTER

Project State

LA

Project Zip

71055-5137

CD

LA-04

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2637.14

Payroll Proceed

21097.12

Mortgage Interest Proceed

2637.14

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

28037

Originating Lender

Louisiana National Bank

Originating Lender City

Ruston

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26578.04

Forgiveness Date

02/09/2021

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