PPP Loan information for Commercial connection

$70,596

Commercial connection was initially approved for PPP Loan of amount $70,596, the current approved amount is $70,596. The loan was approved on 05/09/2020 by The Customers Bank reported 4 jobs and $70,596 was used to fund payroll.

Commercial connection is Existing or more than 2 years old

COMMERCIAL CONNECTION

Date Approved

05/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

COMMERCIAL CONNECTION

Borrower Address

256 S LOCUST STREET

Borrower City

INGLEWOOD

Borrower State

CA

Borrower Zip

90301

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70596.00

Current Approval Amount

70596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INGLEWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90301-0300

CD

CA-43

Jobs Reported

4

NAICS Code

541614

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70596.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71648.17

Forgiveness Date

11/17/2021

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