PPP Loan information for Navitas utility corporation

$500,000

Navitas utility corporation was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/05/2020 by The F & M Bank reported 33 jobs and $500,000 was used to fund payroll.

Navitas utility corporation is Existing or more than 2 years old

NAVITAS UTILITY CORPORATION

Date Approved

04/05/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

NAVITAS UTILITY CORPORATION

Borrower Address

3186 D AIRWAY AVE

Borrower City

COSTA MESA

Borrower State

CA

Borrower Zip

92626-4639

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58871

Servicing Lender Name

F & M Bank

Servicing Lender Address

17100 N May Ave

Servicing Lender City

EDMOND

Servicing Lender State

OK

Servicing Lender Zip

73012-8919

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

92626-4639

CD

CA-47

Jobs Reported

33

NAICS Code

221210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

58871

Originating Lender

F & M Bank

Originating Lender City

EDMOND

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

505152.78

Forgiveness Date

04/22/2021

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