PPP Loan information for Food on time inc

$583,342

Food on time inc was initially approved for PPP Loan of amount $583,342, the current approved amount is $583,342. The loan was approved on 01/28/2021 by The Bank of Hope reported 35 jobs and $583,342 was used to fund payroll.

Food on time inc is Existing or more than 2 years old

FOOD ON TIME INC

Date Approved

01/28/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

FOOD ON TIME INC

Borrower Address

12835 Victory Blvd

Borrower City

North Hollywood

Borrower State

CA

Borrower Zip

91606-3012

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

583342.00

Current Approval Amount

583342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Hollywood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91606-3012

CD

CA-29

Jobs Reported

35

NAICS Code

722320

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

583340.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

588600.07

Forgiveness Date

01/04/2022

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