PPP Loan information for System property development company, inc

$292,000

System property development company, inc was initially approved for PPP Loan of amount $292,000, the current approved amount is $292,000. The loan was approved on 04/06/2020 by The CalPrivate Bank reported 16 jobs and $292,000 was used to fund payroll.

System property development company, inc is Existing or more than 2 years old

SYSTEM PROPERTY DEVELOPMENT COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SYSTEM PROPERTY DEVELOPMENT COMPANY, INC

Borrower Address

14724 VENTURA BLVD STE 700

Borrower City

SHERMAN OAKS

Borrower State

CA

Borrower Zip

91403-3500

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292000.00

Current Approval Amount

292000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERMAN OAKS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91403-3500

CD

CA-32

Jobs Reported

16

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

252000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293624.00

Forgiveness Date

11/05/2020

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