PPP Loan information for Management action programs, inc.

$500,000

Management action programs, inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/14/2020 by The American Business Bank reported 28 jobs and $500,000 was used to fund payroll.

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

PPP Loan Search / CA / VAN NUYS / Management action programs, inc.

MANAGEMENT ACTION PROGRAMS, INC.

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MANAGEMENT ACTION PROGRAMS, INC.

Borrower Address

5900 SEPULVEDA BLVD Suite 425

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91411-2509

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

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

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91411-2509

CD

CA-32

Jobs Reported

28

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502630.14

Forgiveness Date

11/03/2020

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