Date Approved
04/13/2020
SBA Office Code
0914
Processing Method
PPP
Borrower Name
NECTAR, INC.
Borrower Address
2060 EUCALYPTUS AVE
Borrower City
LONG BEACH
Borrower State
CA
Borrower Zip
90806-4606
Loan Status Date
07/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
317500.00
Current Approval Amount
165172.01
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123001
Servicing Lender Name
American Business Bank
Servicing Lender Address
2400 E. Katella Ave. Ste 350
Servicing Lender City
Anaheim
Servicing Lender State
Servicing Lender Zip
92806
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOS ANGELES
Project State
Project Zip
CD
CA-44
Jobs Reported
20
NAICS Code
541420
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
167036.42
Forgiveness Date
06/10/2021