Loans Issued BY Bank of Hope

Loan Amount Company Name Location Lender
$350K-1M J.A. LOGISTICS, INC. Greenville , AL Bank of Hope
$350K-1M UNIVERSITY CHARTER SCHOOL Livingston , AL Hope Enterprise Corporation
$150K-350K BW GLOBAL, INC. Greenville , AL Bank of Hope
$150K-350K DIVINE PROFESSIONAL SERVICES LLC Center point , AL Hope Enterprise Corporation
$150K-350K FACILITY REPAIR SERVIXCES ACQ, LLC Pike road , AL Hope Enterprise Corporation
$150K-350K JU-YOUNG MANUFACTURING AMERICA INC Montgomery , AL Bank of Hope
$150K-350K LEGACY SCHOOLS Birmingham , AL Hope Enterprise Corporation
$150K-350K WORLD OF BLESSINGS CHURCH INC. Alabaster , AL Hope Enterprise Corporation
$1-2M DELTA MEMORIAL HOSPITAL ASSOCIATION Dumas , AR Hope Enterprise Corporation
$150K-350K UNITED FAMILY SERVICES, INC Redfield , AR Hope Enterprise Corporation
$350K-1M CALZONA FOODS INC Scottsdale , AZ Bank of Hope
$150K-350K BEL AIRE HOSPITALITY LLC Phoenix , AZ Bank of Hope
$2-5M ARCS RESTAURANT MANAGEMENT INC Garden grove , CA Bank of Hope
$2-5M COAST PRODUCE COMPANY Los angeles , CA Bank of Hope
$2-5M COLONIAL ENERGY, LLC Orange , CA Bank of Hope
$2-5M ELITE LIGHTING CORP Commerce , CA Bank of Hope
$2-5M H&S ENERGY, LLC Orange , CA Bank of Hope
$2-5M HOLDING HANDS,INC Burbank , CA Bank of Hope
$2-5M JAMISON SERVICES, INC. Los angeles , CA Bank of Hope
$2-5M MAYA STEEL FABRICATIONS, INC. Gardena , CA Bank of Hope
$2-5M OUTLOOK RESOURCES, INC. La mirada , CA Bank of Hope
$2-5M SERVICE QUICK INC. Carson , CA Bank of Hope
$2-5M SHIMS BARGAIN, INC. Vernon , CA Bank of Hope
$2-5M THE KOREA TIMES LOS ANGELES, INC. Los angeles , CA Bank of Hope
$2-5M UNITED MEDICAL IMAGING INC Los angeles , CA Bank of Hope
$1-2M AMBIANCE U.S.A., INC. Los angeles , CA Bank of Hope
$1-2M ATKA ENTERPRISES, INC. Gardena , CA Bank of Hope
$1-2M CBOL CORPORATION Chatsworth , CA Bank of Hope
$1-2M CHILD EDUCATIONAL CENTER, CALTECH / JPL COMMUNITY La canada flintridge , CA Bank of Hope
$1-2M CLOTHING ILLUSTRATED, INC. Los angeles , CA Bank of Hope
$1-2M COME LAND INC. Burbank , CA Bank of Hope
$1-2M EMJ APPAREL GROUP LLC Los angeles , CA Bank of Hope
$1-2M F.R.T. INTERNATIONAL, INC. Compton , CA Bank of Hope
$1-2M FAB4 LLC Van nuys , CA Bank of Hope
$1-2M FIRST FIRE SYSTEMS INC Los angeles , CA Bank of Hope

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.