PPP Loan information for Coil winding specialist inc

$159,971

Coil winding specialist inc was initially approved for PPP Loan of amount $159,971, the current approved amount is $159,971. The loan was approved on 04/28/2020 by The Cathay Bank reported 20 jobs and $159,971 was used to fund payroll.

Coil winding specialist inc is Existing or more than 2 years old

COIL WINDING SPECIALIST INC

Date Approved

04/28/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

COIL WINDING SPECIALIST INC

Borrower Address

353 W GROVE AVE

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92865-3205

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159971.00

Current Approval Amount

159971.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92865-3205

CD

CA-46

Jobs Reported

20

NAICS Code

334416

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159971.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161737.26

Forgiveness Date

06/15/2021

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