PPP Loan information for Organic initiative corporation

$125,000

Organic initiative corporation was initially approved for PPP Loan of amount $124,995, the current approved amount is $125,000. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 6 jobs and $125,000 was used to fund payroll.

Organic initiative corporation is New Business or 2 years or less

PPP Loan Search / CA / Torrance / Organic initiative corporation

ORGANIC INITIATIVE CORPORATION

Date Approved

04/30/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ORGANIC INITIATIVE CORPORATION

Borrower Address

371 Van Ness Way, Suite 120

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90501

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124995.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-0101

CD

CA-44

Jobs Reported

6

NAICS Code

424210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

126163.19

Forgiveness Date

04/08/2021

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