PPP Loan information for Diversified composites inc

$87,500

Diversified composites inc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 8 jobs and $87,500 was used to fund payroll.

Diversified composites inc is New Business or 2 years or less

PPP Loan Search / CA / LONG BEACH / Diversified composites inc

DIVERSIFIED COMPOSITES INC

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

DIVERSIFIED COMPOSITES INC

Borrower Address

1517 15TH ST W

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90813

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90813-0400

CD

CA-42

Jobs Reported

8

NAICS Code

336612

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88404.17

Forgiveness Date

04/26/2021

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