PPP Loan information for Torn & glasser, inc

$4,488,642

Torn & glasser, inc was initially approved for PPP Loan of amount $4,488,642, the current approved amount is $4,488,642. The loan was approved on 04/09/2020 by The City National Bank reported 377 jobs and $4,488,642 was used to fund payroll.

Torn & glasser, inc is Existing or more than 2 years old

TORN & GLASSER, INC

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

TORN & GLASSER, INC

Borrower Address

1622 E OLYMPIC BLVD

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90021-1922

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4488642.00

Current Approval Amount

4488642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90021-1922

CD

CA-37

Jobs Reported

377

NAICS Code

311911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

224432.00

Payroll Proceed

3815346.00

Mortgage Interest Proceed

0.00

Rent Proceed

448864.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4539431.29

Forgiveness Date

06/09/2021

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