PPP Loan information for Theoldschool llc

$500,000

Theoldschool llc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 03/16/2021 by The City National Bank reported 26 jobs and $500,000 was used to fund payroll.

Theoldschool llc is Existing or more than 2 years old

THEOLDSCHOOL LLC

Date Approved

03/16/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

THEOLDSCHOOL LLC

Borrower Address

4605 Lankershim Blvd Ste 500

Borrower City

North Hollywood

Borrower State

CA

Borrower Zip

91602-1801

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Hollywood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91602-1801

CD

CA-29

Jobs Reported

26

NAICS Code

512110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499997.00

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

Limited Liability Company(LLC)

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

504246.58

Forgiveness Date

01/21/2022

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