PPP Loan information for Management action programs inc.

$500,755

Management action programs inc. was initially approved for PPP Loan of amount $500,755, the current approved amount is $500,755. The loan was approved on 02/03/2021 by The American Business Bank reported 24 jobs and $500,755 was used to fund payroll.

Management action programs inc. is Existing or more than 2 years old

MANAGEMENT ACTION PROGRAMS INC.

Date Approved

02/03/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MANAGEMENT ACTION PROGRAMS INC.

Borrower Address

5900 Sepulveda Blvd Ste 425

Borrower City

Sherman Oaks

Borrower State

CA

Borrower Zip

91411-2526

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500755.20

Current Approval Amount

500755.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sherman Oaks

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91411-2526

CD

CA-32

Jobs Reported

24

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

500750.20

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503649.98

Forgiveness Date

09/10/2021

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