PPP Loan information for Povac investments, inc.

$1,073,000

Povac investments, inc. was initially approved for PPP Loan of amount $1,073,800, the current approved amount is $1,073,000. The loan was approved on 04/07/2020 by The East West Bank reported 72 jobs and $1,073,000 was used to fund payroll.

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

POVAC INVESTMENTS, INC.

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

POVAC INVESTMENTS, INC.

Borrower Address

245 S LOS ROBLES AVE Ste 100

Borrower City

PASADENA

Borrower State

CA

Borrower Zip

91101-2820

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1073800.00

Current Approval Amount

1073000.00

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

91101-2820

CD

CA-27

Jobs Reported

72

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1073000.00

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

1084892.42

Forgiveness Date

05/13/2021

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