55 INC. (CA) - 2020 PPP Loan Borrower Profile (# 7622918402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 55 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

7622918402

SBA Office Code

0914

Processing Method

PPS

Curent Loan Amount

$544,166

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$546,417.21

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

544,166

Lender

Umpqua Bank

Business Detail

Business Type

Corporation

NAICS

441320

Borrower Location

Los Angeles, CA

Project Location

Los Angeles, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.