PPP Loan information for Professional produce

$1,757,700

Professional produce was initially approved for PPP Loan of amount $1,757,700, the current approved amount is $1,757,700. The loan was approved on 04/06/2020 by The CalPrivate Bank reported 111 jobs and $1,757,700 was used to fund payroll.

Professional produce is Existing or more than 2 years old

PROFESSIONAL PRODUCE

Date Approved

04/06/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PROFESSIONAL PRODUCE

Borrower Address

2570 E 25th Street

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90058-1211

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1757700.00

Current Approval Amount

1757700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444953

Servicing Lender Name

CalPrivate Bank

Servicing Lender Address

9404 Genesee Ave Ste 100

Servicing Lender City

LA JOLLA

Servicing Lender State

CA

Servicing Lender Zip

92037-1353

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90058-1211

CD

CA-37

Jobs Reported

111

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37400.00

Payroll Proceed

1486100.00

Mortgage Interest Proceed

0.00

Rent Proceed

149500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

84700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

444953

Originating Lender

CalPrivate Bank

Originating Lender City

LA JOLLA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1767331.23

Forgiveness Date

11/03/2020

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