1981 MFG INC (CA) - 2020 PPP Loan Borrower Profile (# 5714387106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1981 MFG INC. 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

5714387106

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$72,500

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$72,925.07

Date Loan was Forgiven

Nov 24, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

54,375

Rent Proceed

18,125

Lender

Centerstone SBA Lending, Inc.

Business Detail

Business Type

Corporation

NAICS

424330

Borrower Location

VERNON, CA

Project Location

VERNON, 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.