Whit Sherm INC

$312,500 PPP Loan in North Hollywood, California

Loan Details

Loan Number
6726357110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$312,500
Current Approval
$312,500
Forgiveness Amount
$314,538
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Whit Sherm INC
Address
7214 Whitsett Ave
ZIP Code
91605-4315
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Franchise
Chevron - Retail Supply Contract
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
CA-29

Loan Use Breakdown

Payroll
$260,000
Utilities
$30,000
Health Care
$5,000
Mortgage Interest
$17,500

Lender Information

Servicing Lender
Banc of California
Originating Lender
Banc of California

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