PPP Loan information for Rocker solenoid company

$937,500

Rocker solenoid company was initially approved for PPP Loan of amount $937,500, the current approved amount is $937,500. The loan was approved on 04/14/2020 by The American Business Bank reported 85 jobs and $937,500 was used to fund payroll.

Rocker solenoid company is Existing or more than 2 years old

ROCKER SOLENOID COMPANY

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ROCKER SOLENOID COMPANY

Borrower Address

5492 BOLSA AVE

Borrower City

HUNTINGTON BEACH

Borrower State

CA

Borrower Zip

92649-1021

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

937500.00

Current Approval Amount

937500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON BEACH

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1021

CD

CA-47

Jobs Reported

85

NAICS Code

336413

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46900.00

Payroll Proceed

750400.00

Mortgage Interest Proceed

46400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

93800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

942431.51

Forgiveness Date

11/03/2020

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