NY

Padam Kala

Entity: Sole Proprietorship

Industry: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Location: New York, NY

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Padam Kala is a sole proprietorship located in New York, New York that received a Coronavirus-related PPP loan from the SBA of $10,827.00 in January, 2021.

$ PPP Loan Information

Loan #5623238304

Padam Kala in New York, NY received a Paycheck Protection Loan of $10,827 through Santander Bank, National Association, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Reported PPP Proceed Usage:

On the PPP application, Padam Kala reported intending to use the proceeds of their PPP loan for the following expenses:

• Payroll: $10,824
• Utilities: $1

Business Information - Padam Kala in New York, NY

Similar Companies near New York

In the New York area, 1,362 businesses in the "Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $52,392 (compared to this company's $10,827).

Industry PPP Comparison Statistics

Nationwide, 8,772 businesses in the "Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers" industry received a total of $483.19M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 5 employees, 400% higher than Padam Kala's reported 1 employees, and received an average PPP loan of $55,083, 409% higher than this company's loan of $10,827.