PPP Loan information for Ocho candy inc.

$438,835

Ocho candy inc. was initially approved for PPP Loan of amount $438,835, the current approved amount is $438,835. The loan was approved on 01/27/2021 by The Mechanics Bank reported 37 jobs and $438,835 was used to fund payroll.

Ocho candy inc. is Existing or more than 2 years old

OCHO CANDY INC.

Date Approved

01/27/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

OCHO CANDY INC.

Borrower Address

2500 Campbell St

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94607-1734

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

438835.00

Current Approval Amount

438835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94607-1734

CD

CA-12

Jobs Reported

37

NAICS Code

311352

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

438832.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

441236.40

Forgiveness Date

08/19/2021

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