PPP Loan information for Teachers on reserve llc

$223,303

Teachers on reserve llc was initially approved for PPP Loan of amount $1,189,600, the current approved amount is $223,303. The loan was approved on 04/07/2020 by The LendingClub Bank, National Association reported 480 jobs and $223,303 was used to fund payroll.

Teachers on reserve llc is Existing or more than 2 years old

TEACHERS ON RESERVE LLC

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

TEACHERS ON RESERVE LLC

Borrower Address

604 Sonora Ave

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91201-2339

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1189600.00

Current Approval Amount

223303.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91201-2339

CD

CA-30

Jobs Reported

480

NAICS Code

611710

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223303.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226162.52

Forgiveness Date

07/27/2021

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