PPP Loan information for Netpay payroll inc.

$229,000

Netpay payroll inc. was initially approved for PPP Loan of amount $229,000, the current approved amount is $229,000. The loan was approved on 04/13/2020 by The CommerceWest Bank reported 23 jobs and $229,000 was used to fund payroll.

Netpay payroll inc. is Existing or more than 2 years old

NETPAY PAYROLL INC.

Date Approved

04/13/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NETPAY PAYROLL INC.

Borrower Address

371 VAN NESS WAY 200

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90501-1435

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229000.00

Current Approval Amount

229000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238353

Servicing Lender Name

CommerceWest Bank

Servicing Lender Address

2111 Business Center Dr

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-1019

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-1435

CD

CA-43

Jobs Reported

23

NAICS Code

541214

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

229000.00

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

Subchapter S Corporation

Originating Lender Location Id

238353

Originating Lender

CommerceWest Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230469.42

Forgiveness Date

12/08/2020

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