516 ENTERPRISES, LLC (CA) - 2020 PPP Loan Borrower Profile (# 5359757202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 516 ENTERPRISES, 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
5359757202
SBA Office Code
0914
Processing Method
PPP
Curent Loan Amount
$52,535
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$52,914.98
Date Loan was Forgiven
Jan 28, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
52,535
Lender
Mid Penn Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
813410
Borrower Location
Los Angeles, CA
Project Location
Los Angeles, CA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
14
Business Age Description
Existing or more than 2 years old
Data Source: SBA.