PPP Loan information for West coast aerospace inc

$1,250,000

West coast aerospace inc was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 03/30/2021 by The Farmers & Merchants Bank of Long Beach reported 84 jobs and $1,250,000 was used to fund payroll.

West coast aerospace inc is Existing or more than 2 years old

WEST COAST AEROSPACE INC

Date Approved

03/30/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

WEST COAST AEROSPACE INC

Borrower Address

24224 Broad St

Borrower City

Carson

Borrower State

CA

Borrower Zip

90745-6006

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carson

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90745-6006

CD

CA-44

Jobs Reported

84

NAICS Code

336412

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1249997.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1266095.89

Forgiveness Date

07/15/2022

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