PPP Loan information for Modern parking inc

$2,000,000

Modern parking 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 03/24/2021 by The California International Bank, A National Banking Association reported 297 jobs and $2,000,000 was used to fund payroll.

Modern parking inc is Existing or more than 2 years old

MODERN PARKING INC

Date Approved

03/24/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MODERN PARKING INC

Borrower Address

303 S Union Ave Fl 1

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90017-1111

Loan Status Date

01/07/2022

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

437143

Servicing Lender Name

California International Bank, A National Banking Association

Servicing Lender Address

15606 Brookhurst St, Ste C-D

Servicing Lender City

WESTMINSTER

Servicing Lender State

CA

Servicing Lender Zip

92683-7582

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90017-1111

CD

CA-34

Jobs Reported

297

NAICS Code

812930

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

437143

Originating Lender

California International Bank, A National Banking Association

Originating Lender City

WESTMINSTER

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013863.01

Forgiveness Date

12/10/2021

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