Utopia Development Inc.
$442,500 PPP Loan in Vernon, California
Loan Details
- Loan Number
- 4357377001
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $442,500
- Current Approval
- $442,500
- Forgiveness Amount
- $446,016
- Forgiveness Date
- Jan 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Utopia Development Inc.
- Address
- 2371 E 51 Street
- City
- Vernon
- State
- California
- ZIP Code
- 90058-2800
- Business Type
- Cooperative
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $31.9M
- Rural/Urban
- Urban
- Congressional District
- CA-42
Loan Use Breakdown
- Payroll
- $402,500
- Rent
- $35,000
- Utilities
- $5,000
Lender Information
- Servicing Lender
- American Business Bank
- Originating Lender
- American Business Bank
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