PPP Loan information for Roots inc.

$153,392

Roots inc. was initially approved for PPP Loan of amount $153,392, the current approved amount is $153,392. The loan was approved on 02/19/2021 by The Cross River Bank reported 14 jobs and $153,392 was used to fund payroll.

Roots inc. is Existing or more than 2 years old

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

ROOTS INC.

Date Approved

02/19/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ROOTS INC.

Borrower Address

3939 Atlantic Ave

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90807-3536

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153392.00

Current Approval Amount

153392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-3536

CD

CA-44

Jobs Reported

14

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153392.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154619.14

Forgiveness Date

12/09/2021

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