PPP Loan information for Nectar inc.

$219,614

Nectar inc. was initially approved for PPP Loan of amount $219,614, the current approved amount is $219,614. The loan was approved on 04/06/2021 by The American Business Bank reported 19 jobs and $219,614 was used to fund payroll.

Nectar inc. is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Nectar inc.

NECTAR INC.

Date Approved

04/06/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NECTAR INC.

Borrower Address

1332 Gladys Ave

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90804-2436

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219614.40

Current Approval Amount

219614.40

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

90804-2436

CD

CA-42

Jobs Reported

19

NAICS Code

541420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

219609.40

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

222622.82

Forgiveness Date

08/29/2022

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