PPP Loan information for Southbay passive income inc

$141,000

Southbay passive income inc was initially approved for PPP Loan of amount $141,400, the current approved amount is $141,000. The loan was approved on 04/10/2020 by The East West Bank reported 12 jobs and $141,000 was used to fund payroll.

Southbay passive income inc is Existing or more than 2 years old

PPP Loan Search / CA / TORRANCE / Southbay passive income inc

SOUTHBAY PASSIVE INCOME INC

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SOUTHBAY PASSIVE INCOME INC

Borrower Address

23670 HAWTHORNE BLVD

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90505-5904

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141400.00

Current Approval Amount

141000.00

Undisbursed Amount

0.00

Franchise Name

Keller Williams Market Center License Agreement

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

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

90505-5904

CD

CA-36

Jobs Reported

12

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141000.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142339.50

Forgiveness Date

03/25/2021

;