PPP Loan information for Memphis group corp

$252,000

Memphis group corp was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 02/13/2021 by The Bank of America, National Association reported 25 jobs and $252,000 was used to fund payroll.

Memphis group corp is Existing or more than 2 years old

MEMPHIS GROUP CORP

Date Approved

02/13/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MEMPHIS GROUP CORP

Borrower Address

2920 Bristol St

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92626-5914

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252000.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Costa Mesa

Project County Name

ORANGE

Project State

CA

Project Zip

92626-5914

CD

CA-47

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

251995.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

255534.90

Forgiveness Date

07/14/2022

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