PPP Loan information for Signal products inc

$2,000,000

Signal products inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/04/2021 by The Bank of America, National Association reported 116 jobs and $2,000,000 was used to fund payroll.

Signal products inc is Existing or more than 2 years old

SIGNAL PRODUCTS INC

Date Approved

04/04/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SIGNAL PRODUCTS INC

Borrower Address

320 W 31st St

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90007-3806

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

90007-3806

CD

CA-37

Jobs Reported

116

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1834500.60

Forgiveness Date

09/21/2022

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