PPP Loan information for Young's contracting

$250,023

Young's contracting was initially approved for PPP Loan of amount $250,023, the current approved amount is $250,023. The loan was approved on 01/30/2021 by The American Lending Center reported 30 jobs and $250,023 was used to fund payroll.

Young's contracting is Existing or more than 2 years old

YOUNG'S CONTRACTING

Date Approved

01/30/2021

SBA Office Code

0920

Processing Method

PPP

Borrower Name

YOUNG'S CONTRACTING

Borrower Address

42245 Wisconsin Ave

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92211-7838

Loan Status Date

06/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250022.90

Current Approval Amount

250022.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211-7838

CD

CA-41

Jobs Reported

30

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

250018.90

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

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253391.26

Forgiveness Date

06/16/2022

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