PPP Loan information for Momentum engineering corp., a california corporation

$612,757

Momentum engineering corp., a california corporation was initially approved for PPP Loan of amount $612,757, the current approved amount is $612,757. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 37 jobs and $612,757 was used to fund payroll.

Momentum engineering corp., a california corporation is Existing or more than 2 years old

PPP Loan Search / CA / TORRANCE / Momentum engineering corp., a california corporation

MOMENTUM ENGINEERING CORP., A CALIFORNIA CORPORATION

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MOMENTUM ENGINEERING CORP., A CALIFORNIA CORPORATION

Borrower Address

2862 COLUMBIA ST

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90503

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612757.00

Current Approval Amount

612757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

90503-0001

CD

CA-36

Jobs Reported

37

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

612757.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

618280.21

Forgiveness Date

03/31/2021

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