Date Approved
03/25/2021
SBA Office Code
0914
Processing Method
PPS
Borrower Name
M.I.G MOTOR CARS INC
Borrower Address
3600 E Pacific Coast Hwy
Borrower City
Long Beach
Borrower State
CA
Borrower Zip
90804-2015
Loan Status Date
12/18/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
24600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
499141
Servicing Lender Name
Readycap Lending, LLC
Servicing Lender Address
200 Connell Drive Suite 4000
Servicing Lender City
BERKELEY HEIGHTS
Servicing Lender State
NJ
Servicing Lender Zip
07922
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOS ANGELES
Project State
Project Zip
CD
CA-42
Jobs Reported
3
NAICS Code
441120
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
24597.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
24750.30
Forgiveness Date
11/10/2021