PPP Loan information for Forty-niner shops

$2,000,000

Forty-niner shops was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/03/2021 by The City National Bank reported 140 jobs and $2,000,000 was used to fund payroll.

Forty-niner shops is Existing or more than 2 years old

FORTY-NINER SHOPS

Date Approved

03/03/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

FORTY-NINER SHOPS

Borrower Address

6049 E 7th St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90840

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90840

CD

CA-47

Jobs Reported

140

NAICS Code

451211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Non-Profit Organization

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2016931.51

Forgiveness Date

01/07/2022

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