PPP Loan information for South bay corporation

$451,665

South bay corporation was initially approved for PPP Loan of amount $451,665, the current approved amount is $451,665. The loan was approved on 04/07/2020 by The City National Bank reported 77 jobs and $451,665 was used to fund payroll.

South bay corporation is Existing or more than 2 years old

SOUTH BAY CORPORATION

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SOUTH BAY CORPORATION

Borrower Address

723 S. GLASGOW AVE STE C

Borrower City

INGLEWOOD

Borrower State

CA

Borrower Zip

90301-3011

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451665.00

Current Approval Amount

451665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

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

90301-3011

CD

CA-43

Jobs Reported

77

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

338749.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

112916.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

455402.06

Forgiveness Date

02/17/2021

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