PPP Loan information for Sobrato early academic language program

$741,000

Sobrato early academic language program was initially approved for PPP Loan of amount $741,000, the current approved amount is $741,000. The loan was approved on 04/11/2020 by The City National Bank reported 29 jobs and $741,000 was used to fund payroll.

Sobrato early academic language program is Existing or more than 2 years old

SOBRATO EARLY ACADEMIC LANGUAGE PROGRAM

Date Approved

04/11/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

SOBRATO EARLY ACADEMIC LANGUAGE PROGRAM

Borrower Address

555 12TH ST Suite 500

Borrower City

OAKLAND

Borrower State

CA

Borrower Zip

94607-3600

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

741000.00

Current Approval Amount

741000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

ALAMEDA

Project State

CA

Project Zip

94607-3600

CD

CA-12

Jobs Reported

29

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1239.00

Payroll Proceed

729631.00

Mortgage Interest Proceed

0.00

Rent Proceed

10130.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

750379.23

Forgiveness Date

08/02/2021

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