PPP Loan information for 716 management, inc.

$1,280,000

716 management, inc. was initially approved for PPP Loan of amount $1,280,000, the current approved amount is $1,280,000. The loan was approved on 03/31/2021 by The Readycap Lending, LLC reported 65 jobs and $1,280,000 was used to fund payroll.

716 management, inc. is Existing or more than 2 years old

716 MANAGEMENT, INC.

Date Approved

03/31/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

716 MANAGEMENT, INC.

Borrower Address

3900 W Alameda Ave Ste 1200

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91505-4317

Loan Status Date

07/14/2022

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

1280000.00

Current Approval Amount

1280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91505-4317

CD

CA-30

Jobs Reported

65

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1279994.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

810488.82

Forgiveness Date

03/10/2022

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