PPP Loan information for Western industrial supply corporation

$175,000

Western industrial supply corporation was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 01/28/2021 by The Farmers & Merchants Bank of Long Beach reported 13 jobs and $175,000 was used to fund payroll.

Western industrial supply corporation is Existing or more than 2 years old

WESTERN INDUSTRIAL SUPPLY CORPORATION

Date Approved

01/28/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

WESTERN INDUSTRIAL SUPPLY CORPORATION

Borrower Address

11400 Markon Dr

Borrower City

Garden Grove

Borrower State

CA

Borrower Zip

92841-1405

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Garden Grove

Project County Name

ORANGE

Project State

CA

Project Zip

92841-1405

CD

CA-45

Jobs Reported

13

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

174996.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176040.41

Forgiveness Date

09/09/2021

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