PPP Loan information for Colonial property management

$475,000

Colonial property management was initially approved for PPP Loan of amount $475,000, the current approved amount is $475,000. The loan was approved on 04/27/2020 by The Mortgage Capital Development Corporation reported 45 jobs and $475,000 was used to fund payroll.

Colonial property management is Existing or more than 2 years old

COLONIAL PROPERTY MANAGEMENT

Date Approved

04/27/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

COLONIAL PROPERTY MANAGEMENT

Borrower Address

8595 S Eastern Ave

Borrower City

Las Vegas

Borrower State

NV

Borrower Zip

89123

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475000.00

Current Approval Amount

475000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188162

Servicing Lender Name

Mortgage Capital Development Corporation

Servicing Lender Address

1611 Telegraph Ave Suite 504

Servicing Lender City

Oakland

Servicing Lender State

CA

Servicing Lender Zip

94612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Las Vegas

Project County Name

CLARK

Project State

NV

Project Zip

89123-0001

CD

NV-03

Jobs Reported

45

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

475000.00

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

188162

Originating Lender

Mortgage Capital Development Corporation

Originating Lender City

Oakland

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

451964.56

Forgiveness Date

11/30/2021

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