PPP Loan information for Applied engineering concepts

$484,500

Applied engineering concepts was initially approved for PPP Loan of amount $484,500, the current approved amount is $484,500. The loan was approved on 04/06/2020 by The American Business Bank reported 28 jobs and $484,500 was used to fund payroll.

Applied engineering concepts is Existing or more than 2 years old

PPP Loan Search / CA / PASADENA / Applied engineering concepts

APPLIED ENGINEERING CONCEPTS

Date Approved

04/06/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

APPLIED ENGINEERING CONCEPTS

Borrower Address

894 N. FAIR OAKS AVE

Borrower City

PASADENA

Borrower State

CA

Borrower Zip

91103-3046

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484500.00

Current Approval Amount

484500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PASADENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91103-3046

CD

CA-28

Jobs Reported

28

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

484500.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489119.34

Forgiveness Date

03/31/2021

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