PPP Loan information for Applied invention llc

$1,117,660

Applied invention llc was initially approved for PPP Loan of amount $1,117,660, the current approved amount is $1,117,660. The loan was approved on 04/08/2020 by The City National Bank reported 52 jobs and $1,117,660 was used to fund payroll.

Applied invention llc is Existing or more than 2 years old

APPLIED INVENTION LLC

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

APPLIED INVENTION LLC

Borrower Address

820 S MARIPOSA ST

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91506-3108

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1117660.00

Current Approval Amount

1117660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

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

91506-3108

CD

CA-30

Jobs Reported

52

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

903228.00

Mortgage Interest Proceed

0.00

Rent Proceed

161496.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40936.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1128407.91

Forgiveness Date

04/08/2021

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