PPP Loan information for Hits magazine, inc.

$251,937

Hits magazine, inc. was initially approved for PPP Loan of amount $251,937, the current approved amount is $251,937. The loan was approved on 04/09/2020 by The City National Bank reported 39 jobs and $251,937 was used to fund payroll.

Hits magazine, inc. is Existing or more than 2 years old

PPP Loan Search / CA / WOODLAND HILLS / Hits magazine, inc.

HITS MAGAZINE, INC.

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

HITS MAGAZINE, INC.

Borrower Address

21731 VENTURA BLVD Suite 300

Borrower City

WOODLAND HILLS

Borrower State

CA

Borrower Zip

91364-1835

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251937.00

Current Approval Amount

251937.00

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

WOODLAND HILLS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91364-1835

CD

CA-32

Jobs Reported

39

NAICS Code

511120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188780.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

63157.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

254608.22

Forgiveness Date

05/27/2021

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