This loan was approved on 4/9/2020 and has been fully dispersed.
431 Isis Ave
Inglewood, CA 90301-2009
Food Service Contractors
Subchapter S Corporation
431 Isis Ave Inglewood, CA 90301-2009
During round 1 of the paycheck protection program, Ito Incorporated requested a PPP loan for $10,000,000.00. They were approved on 4/9/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by City National Bank. Of the approved amount, Ito Incorporated has received 100% of the approved amount.
No related loans found.
According to the Philadelphia Business Journal, the owner of a Philadelphia construction company is facing fraud charges for allegedly falsifying information on a Paycheck Protection Program loan application in order to obtain nearly $1 million, which he used to purchase a variety of big-ticket items, including a new house in Florida.
A Cattaraugus County man with prior felony fraud convictions and an Oklahoma woman have been charged with bank fraud and other crimes in connection with what federal prosecutors describe as an illegal scheme to obtain nearly $1 million through the federal government's Covid-19 relief Paycheck Protection Program.
The deadline for when the SBA will stop accepting PPP loans is rapidly approaching.