PPP Loan information for Povac investments inc.

$1,351,650

Povac investments inc. was initially approved for PPP Loan of amount $1,351,650, the current approved amount is $1,351,650. The loan was approved on 01/21/2021 by The East West Bank reported 148 jobs and $1,351,650 was used to fund payroll.

Povac investments inc. is Existing or more than 2 years old

POVAC INVESTMENTS INC.

Date Approved

01/21/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

POVAC INVESTMENTS INC.

Borrower Address

388 Cordova St Ste 280

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91101-5839

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1351650.00

Current Approval Amount

1351650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91101-5839

CD

CA-28

Jobs Reported

148

NAICS Code

236116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1351645.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1364528.22

Forgiveness Date

01/03/2022

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