PPP Loan information for Nectar, inc.

$165,172

Nectar, inc. was initially approved for PPP Loan of amount $317,500, the current approved amount is $165,172. The loan was approved on 04/13/2020 by The American Business Bank reported 20 jobs and $165,172 was used to fund payroll.

Nectar, inc. is Existing or more than 2 years old

NECTAR, INC.

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

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90806-4606

CD

CA-44

Jobs Reported

20

NAICS Code

541420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

165172.01

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167036.42

Forgiveness Date

06/10/2021

;