PPP Loan information for Whit sherm inc

$312,500

Whit sherm inc was initially approved for PPP Loan of amount $312,500, the current approved amount is $312,500. The loan was approved on 04/14/2020 by The Banc of California, National Association reported 44 jobs and $312,500 was used to fund payroll.

Whit sherm inc is Existing or more than 2 years old

PPP Loan Search / CA / NORTH HOLLYWOOD / Whit sherm inc

WHIT SHERM INC

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

WHIT SHERM INC

Borrower Address

7214 WHITSETT AVE

Borrower City

NORTH HOLLYWOOD

Borrower State

CA

Borrower Zip

91605-4315

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312500.00

Current Approval Amount

312500.00

Undisbursed Amount

0.00

Franchise Name

Chevron - Retail Supply Contract

Servicing Lender Location Id

92611

Servicing Lender Name

Banc of California, National Association

Servicing Lender Address

3 MacArthur Pl, Ste 100

Servicing Lender City

SANTA ANA

Servicing Lender State

CA

Servicing Lender Zip

92707-6068

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH HOLLYWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91605-4315

CD

CA-29

Jobs Reported

44

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

260000.00

Mortgage Interest Proceed

17500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

92611

Originating Lender

Banc of California, National Association

Originating Lender City

SANTA ANA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

314537.67

Forgiveness Date

12/22/2020

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