PPP Loan information for Executive recovery group inc

$647,925

Executive recovery group inc was initially approved for PPP Loan of amount $647,925, the current approved amount is $647,925. The loan was approved on 04/29/2020 by The Community West Bank, National Association reported 81 jobs and $647,925 was used to fund payroll.

Executive recovery group inc is New Business or 2 years or less

PPP Loan Search / CA / Palm Desert / Executive recovery group inc

EXECUTIVE RECOVERY GROUP INC

Date Approved

04/29/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

EXECUTIVE RECOVERY GROUP INC

Borrower Address

35450 Pegasus Ct

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92211

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

647925.00

Current Approval Amount

647925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112922

Servicing Lender Name

Community West Bank, National Association

Servicing Lender Address

5827 Hollister Ave

Servicing Lender City

GOLETA

Servicing Lender State

CA

Servicing Lender Zip

93117-3631

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211-0400

CD

CA-41

Jobs Reported

81

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

647925.00

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

112922

Originating Lender

Community West Bank, National Association

Originating Lender City

GOLETA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

656640.92

Forgiveness Date

09/10/2021

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