PPP Loan information for The herac group

$41,570

The herac group was initially approved for PPP Loan of amount $41,570, the current approved amount is $41,570. The loan was approved on 04/04/2021 by The Readycap Lending, LLC reported 5 jobs and $41,570 was used to fund payroll.

The herac group is Existing or more than 2 years old

THE HERAC GROUP

Date Approved

04/04/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

THE HERAC GROUP

Borrower Address

11030 Arrow Rte Ste 102

Borrower City

Rancho Cucamonga

Borrower State

CA

Borrower Zip

91730-4825

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41570.00

Current Approval Amount

41570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rancho Cucamonga

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-4825

CD

CA-35

Jobs Reported

5

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41568.00

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

Subchapter S Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41797.78

Forgiveness Date

10/27/2021

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