PPP Loan information for The long beach city college foundation

$120,657

The long beach city college foundation was initially approved for PPP Loan of amount $120,657, the current approved amount is $120,657. The loan was approved on 03/02/2021 by The Farmers & Merchants Bank of Long Beach reported 12 jobs and $120,657 was used to fund payroll.

The long beach city college foundation is Existing or more than 2 years old

THE LONG BEACH CITY COLLEGE FOUNDATION

Date Approved

03/02/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

THE LONG BEACH CITY COLLEGE FOUNDATION

Borrower Address

4901 E Carson St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90808-1706

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120656.72

Current Approval Amount

120656.72

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

90808-1706

CD

CA-42

Jobs Reported

12

NAICS Code

813211

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120654.72

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121050.09

Forgiveness Date

07/02/2021

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