PPP Loan information for South bay corporation

$632,300

South bay corporation was initially approved for PPP Loan of amount $632,300, the current approved amount is $632,300. The loan was approved on 04/01/2021 by The Bank of Hope reported 80 jobs and $632,300 was used to fund payroll.

South bay corporation is Existing or more than 2 years old

PPP Loan Search / CA / Inglewood / South bay corporation

SOUTH BAY CORPORATION

Date Approved

04/01/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SOUTH BAY CORPORATION

Borrower Address

723 S Glasgow Ave Ste C

Borrower City

Inglewood

Borrower State

CA

Borrower Zip

90301-3019

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

632300.00

Current Approval Amount

632300.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Inglewood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90301-3019

CD

CA-43

Jobs Reported

80

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

632297.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

636856.02

Forgiveness Date

12/29/2021

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