PPP Loan information for Orbit merchants inc

$1,189,972

Orbit merchants inc was initially approved for PPP Loan of amount $1,189,972, the current approved amount is $1,189,972. The loan was approved on 04/29/2021 by The JPMorgan Chase Bank, National Association reported 60 jobs and $1,189,972 was used to fund payroll.

Orbit merchants inc is Existing or more than 2 years old

PPP Loan Search / CA / GLENDALE / Orbit merchants inc

ORBIT MERCHANTS INC

Date Approved

04/29/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ORBIT MERCHANTS INC

Borrower Address

1317 E COLORADO ST

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91205

Loan Status Date

12/20/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

1189972.00

Current Approval Amount

1189972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91205

CD

CA-28

Jobs Reported

60

NAICS Code

532289

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1189966.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;