PPP Loan information for Future transitions

$587,500

Future transitions was initially approved for PPP Loan of amount $587,500, the current approved amount is $587,500. The loan was approved on 04/15/2020 by The Sunwest Bank reported 216 jobs and $587,500 was used to fund payroll.

Future transitions is Existing or more than 2 years old

FUTURE TRANSITIONS

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FUTURE TRANSITIONS

Borrower Address

44859 10TH ST W

Borrower City

LANCASTER

Borrower State

CA

Borrower Zip

93534-2311

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587500.00

Current Approval Amount

587500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14926

Servicing Lender Name

Sunwest Bank

Servicing Lender Address

10011 Centennial Pkwy, Ste 450

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93534-2311

CD

CA-27

Jobs Reported

216

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

587500.00

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

Subchapter S Corporation

Originating Lender Location Id

14926

Originating Lender

Sunwest Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

581189.58

Forgiveness Date

12/16/2020

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