PPP Loan information for Developlus, inc.

$906,200

Developlus, inc. was initially approved for PPP Loan of amount $906,200, the current approved amount is $906,200. The loan was approved on 04/15/2020 by The First Foundation Bank reported 85 jobs and $906,200 was used to fund payroll.

Developlus, inc. is Existing or more than 2 years old

DEVELOPLUS, INC.

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DEVELOPLUS, INC.

Borrower Address

1575 MAGNOLIA AVE

Borrower City

CORONA

Borrower State

CA

Borrower Zip

92879-2073

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

906200.00

Current Approval Amount

906200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450956

Servicing Lender Name

First Foundation Bank

Servicing Lender Address

18101 Von Karman Ave, Ste 750

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-0005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORONA

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92879-2073

CD

CA-41

Jobs Reported

85

NAICS Code

325620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

906200.00

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

Subchapter S Corporation

Originating Lender Location Id

450956

Originating Lender

First Foundation Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

915758.55

Forgiveness Date

05/20/2021

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