PPP Loan information for Coast/advanced chip magnetics inc

$139,767

Coast/advanced chip magnetics inc was initially approved for PPP Loan of amount $139,767, the current approved amount is $139,767. The loan was approved on 02/26/2021 by The Bank of America, National Association reported 16 jobs and $139,767 was used to fund payroll.

Coast/advanced chip magnetics inc is Existing or more than 2 years old

PPP Loan Search / CA / Torrance / Coast/advanced chip magnetics inc

COAST/ADVANCED CHIP MAGNETICS INC

Date Approved

02/26/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

COAST/ADVANCED CHIP MAGNETICS INC

Borrower Address

4225 Spencer St

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90503-2421

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139767.00

Current Approval Amount

139767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

90503-2421

CD

CA-36

Jobs Reported

16

NAICS Code

334416

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139766.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140977.04

Forgiveness Date

01/13/2022

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