PPP Loan information for Commerce home mortgage, llc

$7,945,500

Commerce home mortgage, llc was initially approved for PPP Loan of amount $7,945,500, the current approved amount is $7,945,500. The loan was approved on 04/03/2020 by The Cornerstone Community Bank reported 250 jobs and $7,945,500 was used to fund payroll.

Commerce home mortgage, llc is Existing or more than 2 years old

PPP Loan Search / CA / IRVINE / Commerce home mortgage, llc

COMMERCE HOME MORTGAGE, LLC

Date Approved

04/03/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

COMMERCE HOME MORTGAGE, LLC

Borrower Address

16845 VON KARMAN AVE

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92606-4920

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7945500.00

Current Approval Amount

7945500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444317

Servicing Lender Name

Cornerstone Community Bank

Servicing Lender Address

500 Riverside Way

Servicing Lender City

RED BLUFF

Servicing Lender State

CA

Servicing Lender Zip

96080-3424

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92606-4920

CD

CA-47

Jobs Reported

250

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7945500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

444317

Originating Lender

Cornerstone Community Bank

Originating Lender City

RED BLUFF

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8044818.75

Forgiveness Date

07/06/2021

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