PPP Loan information for Modern embroidery inc

$432,400

Modern embroidery inc was initially approved for PPP Loan of amount $497,400, the current approved amount is $432,400. The loan was approved on 04/15/2020 by The Bank of Hope reported 63 jobs and $432,400 was used to fund payroll.

Modern embroidery inc is Existing or more than 2 years old

MODERN EMBROIDERY INC

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MODERN EMBROIDERY INC

Borrower Address

3300 S YALE ST

Borrower City

SANTA ANA

Borrower State

CA

Borrower Zip

92704-6447

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497400.00

Current Approval Amount

432400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SANTA ANA

Project County Name

ORANGE

Project State

CA

Project Zip

92704-6447

CD

CA-46

Jobs Reported

63

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

432400.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

438394.37

Forgiveness Date

09/10/2021

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