PPP Loan information for Megaforce corporation

$1,250,000

Megaforce corporation was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 83 jobs and $1,250,000 was used to fund payroll.

Megaforce corporation is Existing or more than 2 years old

PPP Loan Search / CA / SAN JOSE / Megaforce corporation

MEGAFORCE CORPORATION

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MEGAFORCE CORPORATION

Borrower Address

2035 O'TOOLE AVENUE

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95131

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

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

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95131-1000

CD

CA-17

Jobs Reported

83

NAICS Code

334118

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150000.00

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

1262794.44

Forgiveness Date

05/13/2021

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