PPP Loan information for Food on time, inc

$416,600

Food on time, inc was initially approved for PPP Loan of amount $417,300, the current approved amount is $416,600. The loan was approved on 04/28/2020 by The Bank of Hope reported 47 jobs and $416,600 was used to fund payroll.

Food on time, inc is New Business or 2 years or less

FOOD ON TIME, INC

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

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

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417300.00

Current Approval Amount

416600.00

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

New Business or 2 years or less

Project City

NORTH HOLLYWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91606-3012

CD

CA-29

Jobs Reported

47

NAICS Code

722320

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

416600.00

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

421633.44

Forgiveness Date

07/20/2021

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