PPP Loan information for King shocks

$1,055,533

King shocks was initially approved for PPP Loan of amount $1,055,533, the current approved amount is $1,055,533. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 97 jobs and $1,055,533 was used to fund payroll.

King shocks is Existing or more than 2 years old

KING SHOCKS

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

KING SHOCKS

Borrower Address

12472 EDISON WAY

Borrower City

GARDEN GROVE

Borrower State

CA

Borrower Zip

92841

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1055533.00

Current Approval Amount

1055533.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARDEN GROVE

Project County Name

ORANGE

Project State

CA

Project Zip

92841-1000

CD

CA-45

Jobs Reported

97

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1055533.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1067245.08

Forgiveness Date

06/16/2021

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