PPP Loan information for Michel & associates, pc

$503,897

Michel & associates, pc was initially approved for PPP Loan of amount $503,897, the current approved amount is $503,897. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 21 jobs and $503,897 was used to fund payroll.

Michel & associates, pc is Existing or more than 2 years old

PPP Loan Search / CA / LONG BEACH / Michel & associates, pc

MICHEL & ASSOCIATES, PC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MICHEL & ASSOCIATES, PC

Borrower Address

180 E OCEAN BLVD STE 200

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90802

Loan Status Date

12/16/2021

Loan Status

Charged Off

Term

10

SBA Guaranty Percentage

100

Initial Approval Amount

503897.00

Current Approval Amount

503897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-0400

CD

CA-42

Jobs Reported

21

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

503897.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

363915.02

Forgiveness Date

01/20/2023

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