PPP Loan information for The cork tree inc.

$551,719

The cork tree inc. was initially approved for PPP Loan of amount $551,719, the current approved amount is $551,719. The loan was approved on 03/10/2021 by The First Foundation Bank reported 5 jobs and $551,719 was used to fund payroll.

The cork tree inc. is Existing or more than 2 years old

THE CORK TREE INC.

Date Approved

03/10/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

THE CORK TREE INC.

Borrower Address

74950 Country Club Dr

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92260-1948

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

551719.00

Current Approval Amount

551719.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450956

Servicing Lender Name

First Foundation Bank

Servicing Lender Address

18101 Von Karman Ave, Ste 750

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-0005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-1948

CD

CA-41

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

551715.00

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

450956

Originating Lender

First Foundation Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

559050.06

Forgiveness Date

07/14/2022

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