PPP Loan information for The562 network, inc.

$22,936

The562 network, inc. was initially approved for PPP Loan of amount $22,936, the current approved amount is $22,936. The loan was approved on 04/10/2020 by The Farmers & Merchants Bank of Long Beach reported 2 jobs and $22,936 was used to fund payroll.

The562 network, inc. is Existing or more than 2 years old

THE562 NETWORK, INC.

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE562 NETWORK, INC.

Borrower Address

5940 E. Walton St.

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90815-1352

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22936.00

Current Approval Amount

22936.00

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

90815-1352

CD

CA-42

Jobs Reported

2

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22936.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23165.99

Forgiveness Date

04/20/2021

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