1576 MISSION DRIVE, LLC (CA) - 2020 PPP Loan Borrower Profile (# 1241917209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1576 MISSION DRIVE, 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

1241917209

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$454,980.32

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$458,233.74

Date Loan was Forgiven

Jan 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

17,000

Payroll Proced

340,000

Mortgage Interest Proceed

28,000

Rent Proceed

42,000

Health Care Proceed

18,000

Debt Interest Proceed

9,980.32

Lender

Banc of California

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531390

Borrower Location

SOLVANG, CA

Project Location

SOLVANG, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.