PPP Loan information for Hi-standard manufacturing inc

$55,000

Hi-standard manufacturing inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 01/29/2021 by The Farmers & Merchants Bank of Long Beach reported 4 jobs and $55,000 was used to fund payroll.

Hi-standard manufacturing inc is Existing or more than 2 years old

HI-STANDARD MANUFACTURING INC

Date Approved

01/29/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

HI-STANDARD MANUFACTURING INC

Borrower Address

1510 W Cowles St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90813-1225

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

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

90813-1225

CD

CA-42

Jobs Reported

4

NAICS Code

332322

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54997.00

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

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

Forgiveness Amount

55287.81

Forgiveness Date

08/16/2021

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