PPP Loan information for The davis merchandising group inc

$555,000

The davis merchandising group inc was initially approved for PPP Loan of amount $555,000, the current approved amount is $555,000. The loan was approved on 04/14/2020 by The Customers Bank reported 75 jobs and $555,000 was used to fund payroll.

The davis merchandising group inc is Existing or more than 2 years old

PPP Loan Search / CA / Huntington Beach / The davis merchandising group inc

THE DAVIS MERCHANDISING GROUP INC

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

THE DAVIS MERCHANDISING GROUP INC

Borrower Address

21851 Newland St 306

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92646

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

555000.00

Current Approval Amount

555000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

92646-1400

CD

CA-47

Jobs Reported

75

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

555000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

560550.00

Forgiveness Date

05/12/2021

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