PPP Loan information for Bg11, incorporation

$227,500

Bg11, incorporation was initially approved for PPP Loan of amount $227,500, the current approved amount is $227,500. The loan was approved on 05/11/2020 by The VelocitySBA, LLC reported 16 jobs and $227,500 was used to fund payroll.

Bg11, incorporation is Existing or more than 2 years old

BG11, INCORPORATION

Date Approved

05/11/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

BG11, INCORPORATION

Borrower Address

21143 HAWTHORNE BLVD #469

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90503

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227500.00

Current Approval Amount

227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

507814

Servicing Lender Name

VelocitySBA, LLC

Servicing Lender Address

695 Town Center Drive Suite 240

Servicing Lender City

Costa Mesa

Servicing Lender State

CA

Servicing Lender Zip

92626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90503-0001

CD

CA-36

Jobs Reported

16

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227500.00

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

507814

Originating Lender

VelocitySBA, LLC

Originating Lender City

Costa Mesa

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228565.82

Forgiveness Date

11/03/2020

;