PPP Loan information for Cactus jacks inc.

$285,000

Cactus jacks inc. was initially approved for PPP Loan of amount $285,000, the current approved amount is $285,000. The loan was approved on 04/15/2020 by The Mechanics Bank reported 48 jobs and $285,000 was used to fund payroll.

Cactus jacks inc. is Existing or more than 2 years old

CACTUS JACKS INC.

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

CACTUS JACKS INC.

Borrower Address

74450 HWY 111

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92260

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285000.00

Current Approval Amount

285000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

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

92260-0001

CD

CA-41

Jobs Reported

48

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

285000.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288515.00

Forgiveness Date

07/13/2021

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