PPP Loan information for The new act,inc

$1,044,219

The new act,inc was initially approved for PPP Loan of amount $1,044,219, the current approved amount is $1,044,219. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 18 jobs and $1,044,219 was used to fund payroll.

The new act,inc is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / The new act,inc

THE NEW ACT,INC

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE NEW ACT,INC

Borrower Address

1925 CENTURY PARK E

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90067

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1044219.00

Current Approval Amount

1044219.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90067-0001

CD

CA-37

Jobs Reported

18

NAICS Code

561510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1044219.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

216786.99

Forgiveness Date

04/22/2022

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