PPP Loan information for Forty-niner shops, inc.

$2,000,000

Forty-niner shops, inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/08/2020 by The City National Bank reported 98 jobs and $2,000,000 was used to fund payroll.

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

PPP Loan Search / CA / LONG BEACH / Forty-niner shops, inc.

FORTY-NINER SHOPS, INC.

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FORTY-NINER SHOPS, INC.

Borrower Address

6049 E 7TH ST

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90840-0007

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

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

90840-0007

CD

CA-42

Jobs Reported

98

NAICS Code

451211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

1371400.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

400000.00

Debt Interest Proceed

138600

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

2022684.93

Forgiveness Date

06/11/2021

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