PPP Loan information for Convaid products, llc

$1,450,000

Convaid products, llc was initially approved for PPP Loan of amount $1,450,000, the current approved amount is $1,450,000. The loan was approved on 04/14/2020 by The Customers Bank reported 131 jobs and $1,450,000 was used to fund payroll.

Convaid products, llc is Existing or more than 2 years old

PPP Loan Search / CA / Torrance / Convaid products, llc

CONVAID PRODUCTS, LLC

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CONVAID PRODUCTS, LLC

Borrower Address

2830 California Street

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90503

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1450000.00

Current Approval Amount

1450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

131

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1450000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1457031.51

Forgiveness Date

11/05/2020

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