PPP Loan information for Cut once remodeling

$671,750

Cut once remodeling was initially approved for PPP Loan of amount $671,750, the current approved amount is $671,750. The loan was approved on 04/15/2020 by The American Business Bank reported 32 jobs and $671,750 was used to fund payroll.

Cut once remodeling is New Business or 2 years or less

PPP Loan Search / CA / TORRANCE / Cut once remodeling

CUT ONCE REMODELING

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CUT ONCE REMODELING

Borrower Address

22828 LOCKNESS AVE

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90501-5100

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671750.00

Current Approval Amount

671750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-5100

CD

CA-44

Jobs Reported

32

NAICS Code

236118

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

671750.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

677455.27

Forgiveness Date

03/05/2021

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