PPP Loan information for Direct line, inc

$540,000

Direct line, inc was initially approved for PPP Loan of amount $540,000, the current approved amount is $540,000. The loan was approved on 04/14/2020 by The Customers Bank reported 46 jobs and $540,000 was used to fund payroll.

Direct line, inc is Existing or more than 2 years old

DIRECT LINE, INC

Date Approved

04/14/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

DIRECT LINE, INC

Borrower Address

2847 Shattuck Ave

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94705

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540000.00

Current Approval Amount

540000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94705-0001

CD

CA-12

Jobs Reported

46

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

546657.53

Forgiveness Date

07/29/2021

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