PPP Loan information for Convaid products llc

$1,475,000

Convaid products llc was initially approved for PPP Loan of amount $1,475,000, the current approved amount is $1,475,000. The loan was approved on 02/11/2021 by The Readycap Lending, LLC reported 120 jobs and $1,475,000 was used to fund payroll.

Convaid products llc is Existing or more than 2 years old

CONVAID PRODUCTS LLC

Date Approved

02/11/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

CONVAID PRODUCTS LLC

Borrower Address

2830 California St

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90503-3908

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1475000.00

Current Approval Amount

1475000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

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

90503-3908

CD

CA-43

Jobs Reported

120

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1474995.00

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

1489871.23

Forgiveness Date

02/23/2022

;