PPP Loan information for 561 media inc

$161,191

561 media inc was initially approved for PPP Loan of amount $161,191, the current approved amount is $161,191. The loan was approved on 05/12/2020 by The Cross River Bank reported 13 jobs and $161,191 was used to fund payroll.

561 media inc is Existing or more than 2 years old

561 MEDIA INC

Date Approved

05/12/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

561 MEDIA INC

Borrower Address

125 Nw 13th Street Suite B8

Borrower City

Boca Raton

Borrower State

FL

Borrower Zip

33432

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161191.00

Current Approval Amount

161191.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boca Raton

Project County Name

PALM BEACH

Project State

FL

Project Zip

33432-1401

CD

FL-23

Jobs Reported

13

NAICS Code

541430

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161191.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163951.12

Forgiveness Date

01/31/2022

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