PPP Loan information for Sovereign lending group

$2,779,300

Sovereign lending group was initially approved for PPP Loan of amount $2,779,300, the current approved amount is $2,779,300. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 185 jobs and $2,779,300 was used to fund payroll.

Sovereign lending group is Existing or more than 2 years old

SOVEREIGN LENDING GROUP

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

SOVEREIGN LENDING GROUP

Borrower Address

3540 Howard Way Suite 200

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92626-1476

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2779300.00

Current Approval Amount

2779300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

92626-1476

CD

CA-47

Jobs Reported

185

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2779300.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2817524.89

Forgiveness Date

09/02/2021

;