PPP Loan information for Medical insurance exchange of california

$1,500,000

Medical insurance exchange of california was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 05/05/2020 by The Wells Fargo Bank, National Association reported 63 jobs and $1,500,000 was used to fund payroll.

Medical insurance exchange of california is Existing or more than 2 years old

MEDICAL INSURANCE EXCHANGE OF CALIFORNIA

Date Approved

05/05/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MEDICAL INSURANCE EXCHANGE OF CALIFORNIA

Borrower Address

6250 CLAREMONT AVENUE

Borrower City

OAKLAND

Borrower State

CA

Borrower Zip

94618

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

ALAMEDA

Project State

CA

Project Zip

94618-1000

CD

CA-12

Jobs Reported

63

NAICS Code

524128

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1518575.34

Forgiveness Date

08/09/2021

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