PPP Loan information for Ito incorporated

$10,000,000

Ito incorporated was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/09/2020 by The City National Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Ito incorporated is Existing or more than 2 years old

PPP Loan Search / CA / INGLEWOOD / Ito incorporated

ITO INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ITO INCORPORATED

Borrower Address

431 ISIS AVE

Borrower City

INGLEWOOD

Borrower State

CA

Borrower Zip

90301-2009

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INGLEWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90301-2009

CD

CA-43

Jobs Reported

500

NAICS Code

722310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

84000.00

Payroll Proceed

9361000.00

Mortgage Interest Proceed

0.00

Rent Proceed

285000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

270000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10112876.71

Forgiveness Date

06/11/2021

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