PPP Loan information for The language exchange, inc.

$71,955

The language exchange, inc. was initially approved for PPP Loan of amount $71,955, the current approved amount is $71,955. The loan was approved on 04/12/2020 by The American Riviera Bank reported 6 jobs and $71,955 was used to fund payroll.

The language exchange, inc. is Existing or more than 2 years old

THE LANGUAGE EXCHANGE, INC.

Date Approved

04/12/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

THE LANGUAGE EXCHANGE, INC.

Borrower Address

716 E Fairhaven Ave

Borrower City

Burlington

Borrower State

WA

Borrower Zip

98233-1915

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71955.32

Current Approval Amount

71955.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441973

Servicing Lender Name

American Riviera Bank

Servicing Lender Address

1033 Anacapa St

Servicing Lender City

SANTA BARBARA

Servicing Lender State

CA

Servicing Lender Zip

93101-2102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

SKAGIT

Project State

WA

Project Zip

98233-1915

CD

WA-02

Jobs Reported

6

NAICS Code

541930

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1955.32

Payroll Proceed

65000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

441973

Originating Lender

American Riviera Bank

Originating Lender City

SANTA BARBARA

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72633.47

Forgiveness Date

03/31/2021

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