PPP Loan information for Albert management corporation

$584,200

Albert management corporation was initially approved for PPP Loan of amount $584,200, the current approved amount is $584,200. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 56 jobs and $584,200 was used to fund payroll.

Albert management corporation is Existing or more than 2 years old

ALBERT MANAGEMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ALBERT MANAGEMENT CORPORATION

Borrower Address

41865 Boardwalk Avenue, Suite 101

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92211-9031

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

584200.00

Current Approval Amount

584200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALM DESERT

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211-9031

CD

CA-41

Jobs Reported

56

NAICS Code

561110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2811.00

Payroll Proceed

537996.00

Mortgage Interest Proceed

0.00

Rent Proceed

25608.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17785.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

589209.72

Forgiveness Date

02/23/2021

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