PPP Loan information for International marine products, inc

$2,142,500

International marine products, inc was initially approved for PPP Loan of amount $2,142,500, the current approved amount is $2,142,500. The loan was approved on 04/27/2020 by The Cathay Bank reported 137 jobs and $2,142,500 was used to fund payroll.

International marine products, inc is Unanswered

INTERNATIONAL MARINE PRODUCTS, INC

Date Approved

04/27/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

INTERNATIONAL MARINE PRODUCTS, INC

Borrower Address

500 E 7TH ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90014-2410

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2142500.00

Current Approval Amount

2142500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90014-2410

CD

CA-37

Jobs Reported

137

NAICS Code

424460

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2142500.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2166038.15

Forgiveness Date

06/11/2021

;