1400 RAILROAD AVENUE LTD (CA) - 2020 PPP Loan Borrower Profile (# 7780007105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1400 RAILROAD AVENUE LTD. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

7780007105

SBA Office Code

0942

Processing Method

PPP

Curent Loan Amount

$150,825

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$152,282.98

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

150,825

Lender

Mechanics Bank

Business Detail

Business Type

Partnership

NAICS

322211

Borrower Location

OCEANO, CA

Project Location

OCEANO, CA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.