PPP Loan information for Care for the elderly, inc.

$2,406,750

Care for the elderly, inc. was initially approved for PPP Loan of amount $2,406,750, the current approved amount is $2,406,750. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $2,406,750 was used to fund payroll.

Care for the elderly, inc. is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Care for the elderly, inc.

CARE FOR THE ELDERLY, INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CARE FOR THE ELDERLY, INC.

Borrower Address

2312 W 8TH ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90057

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2406750.00

Current Approval Amount

2406750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

90057-0001

CD

CA-34

Jobs Reported

500

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

67500.00

Payroll Proceed

2125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

102250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

112000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2438329.23

Forgiveness Date

08/27/2021

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