PPP Loan information for Menemsha development group inc.

$2,000,000

Menemsha development group inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/26/2021 by The American Business Bank reported 134 jobs and $2,000,000 was used to fund payroll.

Menemsha development group inc. is Existing or more than 2 years old

PPP Loan Search / CA / Torrance / Menemsha development group inc.

MENEMSHA DEVELOPMENT GROUP INC.

Date Approved

01/26/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MENEMSHA DEVELOPMENT GROUP INC.

Borrower Address

20521 Earl St

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90503-3006

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90503-3006

CD

CA-36

Jobs Reported

134

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S 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

2015835.62

Forgiveness Date

11/18/2021

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