PPP Loan information for Roots inc.

$132,500

Roots inc. was initially approved for PPP Loan of amount $132,500, the current approved amount is $132,500. The loan was approved on 04/29/2020 by The Comerica Bank reported 11 jobs and $132,500 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

04/29/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ROOTS INC.

Borrower Address

3939 atlantic avenue, suite 102

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90807-3535

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132500.00

Current Approval Amount

132500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

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

90807-3535

CD

CA-44

Jobs Reported

11

NAICS Code

621420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132500.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134189.38

Forgiveness Date

08/16/2021

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