PPP Loan information for Long beach museum of art foundation

$405,000

Long beach museum of art foundation was initially approved for PPP Loan of amount $405,000, the current approved amount is $405,000. The loan was approved on 01/31/2021 by The Farmers & Merchants Bank of Long Beach reported 71 jobs and $405,000 was used to fund payroll.

Long beach museum of art foundation is Existing or more than 2 years old

LONG BEACH MUSEUM OF ART FOUNDATION

Date Approved

01/31/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

LONG BEACH MUSEUM OF ART FOUNDATION

Borrower Address

2300 E Ocean Blvd

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90803-2442

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405000.00

Current Approval Amount

405000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

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

90803-2442

CD

CA-42

Jobs Reported

71

NAICS Code

813211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

404999.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

407718.49

Forgiveness Date

10/08/2021

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