PPP Loan information for 40hrs, inc

$3,305,800

40hrs, inc was initially approved for PPP Loan of amount $3,305,800, the current approved amount is $3,305,800. The loan was approved on 05/06/2020 by The Comerica Bank reported 489 jobs and $3,305,800 was used to fund payroll.

40hrs, inc is Existing or more than 2 years old

40HRS, INC

Date Approved

05/06/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

40HRS, INC

Borrower Address

1669 flanigan dr 108

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95121-1682

Loan Status Date

Loan Status

Exemption 4

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

3305800.00

Current Approval Amount

3305800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

san jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95121-1000

CD

CA-19

Jobs Reported

489

NAICS Code

561312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3305800.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;