PPP Loan information for Los angeles grinding co. and subsidiary

$564,607

Los angeles grinding co. and subsidiary was initially approved for PPP Loan of amount $564,607, the current approved amount is $564,607. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 48 jobs and $564,607 was used to fund payroll.

Los angeles grinding co. and subsidiary is Existing or more than 2 years old

LOS ANGELES GRINDING CO. AND SUBSIDIARY

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LOS ANGELES GRINDING CO. AND SUBSIDIARY

Borrower Address

305 N VICTORY BLVD

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91502

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564607.00

Current Approval Amount

564607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91502-1000

CD

CA-30

Jobs Reported

48

NAICS Code

811411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

564607.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570493.66

Forgiveness Date

05/20/2021

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