PPP Loan information for Material distributor co inc

$145,000

Material distributor co inc was initially approved for PPP Loan of amount $145,000, the current approved amount is $145,000. The loan was approved on 03/20/2021 by The City National Bank reported 14 jobs and $145,000 was used to fund payroll.

Material distributor co inc is Existing or more than 2 years old

MATERIAL DISTRIBUTOR CO INC

Date Approved

03/20/2021

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MATERIAL DISTRIBUTOR CO INC

Borrower Address

15150 Oxnard St

Borrower City

Van Nuys

Borrower State

CA

Borrower Zip

91411-2614

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

145000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Van Nuys

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91411-2614

CD

CA-32

Jobs Reported

14

NAICS Code

423390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

144998.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146084.52

Forgiveness Date

12/21/2021

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