PPP Loan information for Jocott brands, inc.

$545,400

Jocott brands, inc. was initially approved for PPP Loan of amount $545,400, the current approved amount is $545,400. The loan was approved on 04/07/2020 by The East West Bank reported 42 jobs and $545,400 was used to fund payroll.

Jocott brands, inc. is Existing or more than 2 years old

JOCOTT BRANDS, INC.

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

JOCOTT BRANDS, INC.

Borrower Address

8000 WOODLEY AVE

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-1226

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545400.00

Current Approval Amount

545400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-1226

CD

CA-29

Jobs Reported

42

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

545400.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

550990.35

Forgiveness Date

04/13/2021

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