PPP Loan information for Scientific repair inc

$150,880

Scientific repair inc was initially approved for PPP Loan of amount $150,880, the current approved amount is $150,880. The loan was approved on 01/25/2021 by The Farmers & Merchants Bank of Long Beach reported 11 jobs and $150,880 was used to fund payroll.

Scientific repair inc is Existing or more than 2 years old

SCIENTIFIC REPAIR INC

Date Approved

01/25/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SCIENTIFIC REPAIR INC

Borrower Address

20720 Earl St

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90503-3020

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150879.72

Current Approval Amount

150879.72

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

90503-3020

CD

CA-36

Jobs Reported

11

NAICS Code

811219

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

150874.72

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151648.59

Forgiveness Date

08/04/2021

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