PPP Loan information for Bay valley mortgage group

$1,346,600

Bay valley mortgage group was initially approved for PPP Loan of amount $2,013,800, the current approved amount is $1,346,600. The loan was approved on 04/27/2020 by The Open Bank reported 234 jobs and $1,346,600 was used to fund payroll.

Bay valley mortgage group is Existing or more than 2 years old

BAY VALLEY MORTGAGE GROUP

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

BAY VALLEY MORTGAGE GROUP

Borrower Address

7390 Lincoln Way

Borrower City

GARDEN GROVE

Borrower State

CA

Borrower Zip

92841-1427

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2013800.00

Current Approval Amount

1346600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434588

Servicing Lender Name

Open Bank

Servicing Lender Address

1000 Wilshire Blvd, Ste 500

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017-2462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARDEN GROVE

Project County Name

ORANGE

Project State

CA

Project Zip

92841-1427

CD

CA-45

Jobs Reported

234

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13466.00

Payroll Proceed

1077280.00

Mortgage Interest Proceed

0.00

Rent Proceed

72716.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75410.00

Debt Interest Proceed

107728

Business Type

Corporation

Originating Lender Location Id

434588

Originating Lender

Open Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1363644.64

Forgiveness Date

08/09/2021

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