2961 STATE ST INC (CA) - 2020 PPP Loan Borrower Profile (# 2315508503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2961 STATE ST 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

2315508503

SBA Office Code

0954

Processing Method

PPS

Curent Loan Amount

$284,273

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$288,431.95

Date Loan was Forgiven

Aug 11, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

284,268

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Carlsbad, CA

Project Location

Carlsbad, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.