PPP Loan information for Young brothers construction company

$321,408

Young brothers construction company was initially approved for PPP Loan of amount $321,408, the current approved amount is $321,408. The loan was approved on 04/01/2021 by The American Riviera Bank reported 16 jobs and $321,408 was used to fund payroll.

Young brothers construction company is Existing or more than 2 years old

YOUNG BROTHERS CONSTRUCTION COMPANY

Date Approved

04/01/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

YOUNG BROTHERS CONSTRUCTION COMPANY

Borrower Address

9 Ashley Ave

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93103-3307

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321407.50

Current Approval Amount

321407.50

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

Santa Barbara

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93103-3307

CD

CA-24

Jobs Reported

16

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

321404.50

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

441973

Originating Lender

American Riviera Bank

Originating Lender City

SANTA BARBARA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324014.47

Forgiveness Date

01/28/2022

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