572 VENTURES INC (CA) - 2020 PPP Loan Borrower Profile (# 1230368603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 572 VENTURES 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

1230368603

SBA Office Code

0920

Processing Method

PPS

Curent Loan Amount

$370,500

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$372,825.92

Date Loan was Forgiven

Nov 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

370,498

Lender

Community Commerce Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Big Bear Lake, CA

Project Location

Big Bear Lake, 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.