PPP Loan information for Multimedia abacus corporation

$322,800

Multimedia abacus corporation was initially approved for PPP Loan of amount $322,800, the current approved amount is $322,800. The loan was approved on 04/28/2020 by The Wallis Bank reported 17 jobs and $322,800 was used to fund payroll.

Multimedia abacus corporation is Existing or more than 2 years old

MULTIMEDIA ABACUS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MULTIMEDIA ABACUS CORPORATION

Borrower Address

9800 S. LA CIENEGA BLVD

Borrower City

INGLEWOOD

Borrower State

CA

Borrower Zip

90301-4440

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322800.00

Current Approval Amount

322800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INGLEWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90301-4440

CD

CA-43

Jobs Reported

17

NAICS Code

541511

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322800.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326297.00

Forgiveness Date

06/10/2021

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