PPP Loan information for Advocacy for respect and choice long beach inc. (arc - long

$934,772

Advocacy for respect and choice long beach inc. (arc - long was initially approved for PPP Loan of amount $934,772, the current approved amount is $934,772. The loan was approved on 04/11/2020 by The Farmers & Merchants Bank of Long Beach reported 184 jobs and $934,772 was used to fund payroll.

Advocacy for respect and choice long beach inc. (arc - long is Existing or more than 2 years old

ADVOCACY FOR RESPECT AND CHOICE LONG BEACH INC. (ARC - LONG

Date Approved

04/11/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ADVOCACY FOR RESPECT AND CHOICE LONG BEACH INC. (ARC - LONG

Borrower Address

4519 E STEARNS ST

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90815-2540

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

934772.00

Current Approval Amount

934772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

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

90815-2540

CD

CA-42

Jobs Reported

184

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

934772.00

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

Non-Profit Organization

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

940739.17

Forgiveness Date

12/10/2020

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