PPP Loan information for Ola inc.

$886,109

Ola inc. was initially approved for PPP Loan of amount $886,109, the current approved amount is $886,109. The loan was approved on 01/23/2021 by The Farmers & Merchants Bank of Long Beach reported 105 jobs and $886,109 was used to fund payroll.

Ola inc. is Existing or more than 2 years old

PPP Loan Search / CA / Huntington Beach / Ola inc.

OLA INC.

Date Approved

01/23/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

OLA INC.

Borrower Address

21040 Pacific Coast Hwy Ste F200

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92648-5383

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

886109.00

Current Approval Amount

886109.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92648-5383

CD

CA-47

Jobs Reported

105

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

886107.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

890041.87

Forgiveness Date

07/07/2021

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