PPP Loan information for Padilla construction company, a california corporation

$1,811,500

Padilla construction company, a california corporation was initially approved for PPP Loan of amount $220,000, the current approved amount is $1,811,500. The loan was approved on 04/13/2020 by The Farmers & Merchants Bank of Long Beach reported 121 jobs and $1,811,500 was used to fund payroll.

Padilla construction company, a california corporation is Existing or more than 2 years old

PADILLA CONSTRUCTION COMPANY, A CALIFORNIA CORPORATION

Date Approved

04/13/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

PADILLA CONSTRUCTION COMPANY, A CALIFORNIA CORPORATION

Borrower Address

205 W Bristol Ln

Borrower City

Orange

Borrower State

CA

Borrower Zip

92865-2605

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220000.00

Current Approval Amount

1811500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Orange

Project County Name

ORANGE

Project State

CA

Project Zip

92865-2605

CD

CA-46

Jobs Reported

121

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1811500.00

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

Veteran

Non Profit

Forgiveness Amount

1831153.53

Forgiveness Date

05/24/2021

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