PPP Loan information for Payday payroll service inc

$475,000

Payday payroll service inc was initially approved for PPP Loan of amount $475,000, the current approved amount is $475,000. The loan was approved on 04/15/2020 by The CommerceWest Bank reported 35 jobs and $475,000 was used to fund payroll.

Payday payroll service inc is Existing or more than 2 years old

PAYDAY PAYROLL SERVICE INC

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

PAYDAY PAYROLL SERVICE INC

Borrower Address

625 S The City Drive #250

Borrower City

Orange

Borrower State

CA

Borrower Zip

92868-6935

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475000.00

Current Approval Amount

475000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238353

Servicing Lender Name

CommerceWest Bank

Servicing Lender Address

2111 Business Center Dr

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-1019

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

92868-6935

CD

CA-46

Jobs Reported

35

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

475000.00

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

238353

Originating Lender

CommerceWest Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478417.36

Forgiveness Date

01/07/2021

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