AKAL ENGINEERING INC (MA) - 2020 PPP Loan Borrower Profile (# 9526497105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKAL ENGINEERING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

9526497105

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$187,000

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$181,816.75

Date Loan was Forgiven

Aug 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

187,000

Lender

TD Bank, National Association

Business Detail

Business Type

Partnership

NAICS

541330

Borrower Location

Boylston, MA

Project Location

Boylston, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.