PPP Loan information for Wrc newport llc

$2,000,000

Wrc newport llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/08/2021 by The East West Bank reported 181 jobs and $2,000,000 was used to fund payroll.

Wrc newport llc is Existing or more than 2 years old

PPP Loan Search / CA / Newport Beach / Wrc newport llc

WRC NEWPORT LLC

Date Approved

02/08/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

WRC NEWPORT LLC

Borrower Address

1107 Jamboree Rd

Borrower City

Newport Beach

Borrower State

CA

Borrower Zip

92660-6219

Loan Status Date

04/08/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

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

Newport Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92660-6219

CD

CA-47

Jobs Reported

181

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2041555.56

Forgiveness Date

03/07/2023

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