PPP Loan information for M&l leasing

$62,403

M&l leasing was initially approved for PPP Loan of amount $62,403, the current approved amount is $62,403. The loan was approved on 02/10/2021 by The Farmers & Merchants Bank of Long Beach reported 10 jobs and $62,403 was used to fund payroll.

M&l leasing is Existing or more than 2 years old

M&L LEASING

Date Approved

02/10/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

M&L LEASING

Borrower Address

6370 E Stearns St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90815-3348

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62403.00

Current Approval Amount

62403.00

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

90815-3348

CD

CA-42

Jobs Reported

10

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62400.00

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

Subchapter S Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62744.93

Forgiveness Date

08/31/2021

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