PPP Loan information for 3360 magnolia ave, inc.

$567,000

3360 magnolia ave, inc. was initially approved for PPP Loan of amount $567,000, the current approved amount is $567,000. The loan was approved on 04/08/2020 by The East West Bank reported 98 jobs and $567,000 was used to fund payroll.

3360 magnolia ave, inc. is Existing or more than 2 years old

3360 MAGNOLIA AVE, INC.

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

3360 MAGNOLIA AVE, INC.

Borrower Address

3360 Magnolia Ave

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90806-1200

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567000.00

Current Approval Amount

567000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90806-1200

CD

CA-44

Jobs Reported

98

NAICS Code

623312

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

567000.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

571394.25

Forgiveness Date

01/14/2021

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