PPP Loan information for Long beach lincoln mercury, inc.

$1,730,300

Long beach lincoln mercury, inc. was initially approved for PPP Loan of amount $1,730,300, the current approved amount is $1,730,300. The loan was approved on 04/10/2020 by The City National Bank reported 107 jobs and $1,730,300 was used to fund payroll.

Long beach lincoln mercury, inc. is Existing or more than 2 years old

LONG BEACH LINCOLN MERCURY, INC.

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LONG BEACH LINCOLN MERCURY, INC.

Borrower Address

101 THE GROVE DR

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90036-6221

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1730300.00

Current Approval Amount

1730300.00

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

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90036-6221

CD

CA-30

Jobs Reported

107

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

129000.00

Payroll Proceed

1348233.00

Mortgage Interest Proceed

0.00

Rent Proceed

212281.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40786.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1750589.55

Forgiveness Date

06/24/2021

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