PPP Loan information for Italys italian restaurant

$323,310

Italys italian restaurant was initially approved for PPP Loan of amount $323,310, the current approved amount is $323,310. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 58 jobs and $323,310 was used to fund payroll.

Italys italian restaurant is New Business or 2 years or less

ITALYS ITALIAN RESTAURANT

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ITALYS ITALIAN RESTAURANT

Borrower Address

2731 PACIFIC COAST HWY

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90505-7001

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323310.00

Current Approval Amount

323310.00

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

New Business or 2 years or less

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-7001

CD

CA-36

Jobs Reported

58

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

323310.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315241.36

Forgiveness Date

12/16/2020

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