PPP Loan information for Mighty oak technology

$396,707

Mighty oak technology was initially approved for PPP Loan of amount $406,242, the current approved amount is $396,707. The loan was approved on 04/13/2020 by The Loan Source Incorporated reported 48 jobs and $396,707 was used to fund payroll.

Mighty oak technology is Existing or more than 2 years old

MIGHTY OAK TECHNOLOGY

Date Approved

04/13/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MIGHTY OAK TECHNOLOGY

Borrower Address

1960 CHICAGO AVE

Borrower City

RIVERSIDE

Borrower State

CA

Borrower Zip

92507-2207

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406242.00

Current Approval Amount

396707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIVERSIDE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92507-2207

CD

CA-39

Jobs Reported

48

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4951.00

Payroll Proceed

342754.00

Mortgage Interest Proceed

0.00

Rent Proceed

13206.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35796.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400130.64

Forgiveness Date

03/05/2021

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