PPP Loan information for Promo shop inc

$1,693,000

Promo shop inc was initially approved for PPP Loan of amount $1,693,000, the current approved amount is $1,693,000. The loan was approved on 04/08/2020 by The Fifth Third Bank reported 138 jobs and $1,693,000 was used to fund payroll.

Promo shop inc is Existing or more than 2 years old

PROMO SHOP INC

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PROMO SHOP INC

Borrower Address

5420 MCCONNELL AVE

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90066-7037

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1693000.00

Current Approval Amount

1693000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90066-7037

CD

CA-36

Jobs Reported

138

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1693000.00

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

Subchapter S Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1713739.25

Forgiveness Date

07/07/2021

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