PPP Loan information for Ron's body shop inc

$250,000

Ron's body shop inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/27/2021 by The Farmers & Merchants Bank of Long Beach reported 25 jobs and $250,000 was used to fund payroll.

Ron's body shop inc is Existing or more than 2 years old

PPP Loan Search / CA / Torrance / Ron's body shop inc

RON'S BODY SHOP INC

Date Approved

01/27/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

RON'S BODY SHOP INC

Borrower Address

1420 Cabrillo Ave

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90501-2815

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

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

90501-2815

CD

CA-43

Jobs Reported

25

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

249998.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251013.70

Forgiveness Date

06/30/2021

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