PPP Loan information for Downtown long beach alliance

$160,097

Downtown long beach alliance was initially approved for PPP Loan of amount $160,097, the current approved amount is $160,097. The loan was approved on 03/13/2021 by The Farmers & Merchants Bank of Long Beach reported 11 jobs and $160,097 was used to fund payroll.

Downtown long beach alliance is Existing or more than 2 years old

DOWNTOWN LONG BEACH ALLIANCE

Date Approved

03/13/2021

SBA Office Code

0914

Processing Method

PPP

Borrower Name

DOWNTOWN LONG BEACH ALLIANCE

Borrower Address

100 W Broadway Ste 120

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90802-4488

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160097.00

Current Approval Amount

160097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-4488

CD

CA-42

Jobs Reported

11

NAICS Code

813910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

160093.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

160798.80

Forgiveness Date

08/25/2021

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