Evolutionary Apparel Inc., a California Corporation

$559,017 PPP Loan in Commerce, California

Loan Details

Loan Number
9829527109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$559,017
Current Approval
$559,017
Forgiveness Amount
$566,191
Forgiveness Date
Jul 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Evolutionary Apparel Inc., a California Corporation
Address
3030 Tanager Avenue
ZIP Code
90040-2719
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424330)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$364,017
Rent
$101,000
Utilities
$14,000
Health Care
$40,000
Debt Interest
$40,000

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Onewest Bank, a Division of First-Citizens Bank and Trust Company

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