PPP Loan information for Classic design

$227,200

Classic design was initially approved for PPP Loan of amount $227,200, the current approved amount is $227,200. The loan was approved on 04/15/2020 by The Citibank, N.A. reported 27 jobs and $227,200 was used to fund payroll.

Classic design is Existing or more than 2 years old

CLASSIC DESIGN

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CLASSIC DESIGN

Borrower Address

19771 Magellan Dr

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90502

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227200.00

Current Approval Amount

227200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90502-1000

CD

CA-44

Jobs Reported

27

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227200.00

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

Subchapter S Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230027.38

Forgiveness Date

07/15/2021

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