1416 SM, LLC (CA) - 2020 PPP Loan Borrower Profile (# 3124937106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1416 SM, LLC. 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

3124937106

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$170,583

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$171,840.17

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

170,583

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

541511

Borrower Location

SANTA MONICA, CA

Project Location

SANTA MONICA, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.