PPP Loan information for Twelve18 inc.

$56,619

Twelve18 inc. was initially approved for PPP Loan of amount $84,700, the current approved amount is $56,619. The loan was approved on 02/12/2021 by The Bank of Hope reported 40 jobs and $56,619 was used to fund payroll.

Twelve18 inc. is Existing or more than 2 years old

TWELVE18 INC.

Date Approved

02/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

TWELVE18 INC.

Borrower Address

6793C Wilson Blvd # C

Borrower City

Falls Church

Borrower State

VA

Borrower Zip

22044-3302

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84700.00

Current Approval Amount

56619.00

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falls Church

Project County Name

FALLS CHURCH CITY

Project State

VA

Project Zip

22044-3302

CD

VA-08

Jobs Reported

40

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56617.00

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

57037.83

Forgiveness Date

11/17/2021

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