PPP Loan information for The reason group

$183,125

The reason group was initially approved for PPP Loan of amount $183,125, the current approved amount is $183,125. The loan was approved on 06/29/2020 by The Quontic Bank reported 14 jobs and $183,125 was used to fund payroll.

The reason group is Unanswered

THE REASON GROUP

Date Approved

06/29/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE REASON GROUP

Borrower Address

311 East Avenue K-8 Suite 123

Borrower City

Lancaster

Borrower State

CA

Borrower Zip

93535-4523

Loan Status Date

03/16/2023

Loan Status

Charged Off

Term

28

SBA Guaranty Percentage

100

Initial Approval Amount

183125.00

Current Approval Amount

183125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433860

Servicing Lender Name

Quontic Bank

Servicing Lender Address

1 Rockefeller Plaza, 9th Fl

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Lancaster

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93535-4523

CD

CA-27

Jobs Reported

14

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183125.00

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

529111

Originating Lender

FC Marketplace, LLC (dba Funding Circle)

Originating Lender City

San Francisco

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;