PPP Loan information for Congress associates inc

$2,000,000

Congress associates inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/20/2021 by The Wells Fargo Bank, National Association reported 173 jobs and $2,000,000 was used to fund payroll.

Congress associates inc is Existing or more than 2 years old

CONGRESS ASSOCIATES INC

Date Approved

03/20/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

CONGRESS ASSOCIATES INC

Borrower Address

800 S Raymond Ave

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91105-3229

Loan Status Date

01/06/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91105-3229

CD

CA-28

Jobs Reported

173

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2034356.16

Forgiveness Date

12/12/2022

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