PPP Loan information for The sovareign corporation

$261,979

The sovareign corporation was initially approved for PPP Loan of amount $261,979, the current approved amount is $261,979. The loan was approved on 06/22/2021 by The American Lending Center reported 13 jobs and $261,979 was used to fund payroll.

The sovareign corporation is Existing or more than 2 years old

PPP Loan Search / CA / Lancaster / The sovareign corporation

THE SOVAREIGN CORPORATION

Date Approved

06/22/2021

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE SOVAREIGN CORPORATION

Borrower Address

44349 Lowtree Ave Ste 110

Borrower City

Lancaster

Borrower State

CA

Borrower Zip

93534-4104

Loan Status Date

12/20/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

261979.00

Current Approval Amount

261979.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93534-4104

CD

CA-27

Jobs Reported

13

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261976.00

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

433060

Originating Lender

The Enterprise Center Capital Corporation

Originating Lender City

Philadelphia

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260170.24

Forgiveness Date

05/05/2022

;