Loans Issued BY East West Bank

Loan Amount Company Name Location Lender
$2-5M COPPER RIVER SEAFOODS, INC. Anchorage , AK East West Bank
$150K-350K CNJ USA LLC Auburn , AL East West Bank
$350K-1M DSG CONSULTING LLC Little rock , AR East West Bank
$5-10M TOTAL TRANSIT INC. Scottsdale , AZ East West Bank
$2-5M EPIDAURUS Tucson , AZ East West Bank
$1-2M AVAIR LLC Chandler , AZ East West Bank
$150K-350K ST. ELIZABETH HOME HEALTH, INC. Tempe , AZ East West Bank
$5-10M ASIAN HEALTH SERVICES Oakland , CA East West Bank
$5-10M BURTON WAY HOTELS LLC Los angeles , CA East West Bank
$5-10M CHILD AND FAMILY GUIDANCE CENTER Northridge , CA East West Bank
$5-10M FARADAY & FUTURE INC Gardena , CA East West Bank
$5-10M GRANADA HILLS CHARTER Granada hills , CA East West Bank
$5-10M HAVEN HEALTH GROUP, LLC Laguna beach , CA East West Bank
$5-10M KATEEVA INC Newark , CA East West Bank
$5-10M MDC VACUUM PRODUCTS, LLC Hayward , CA East West Bank
$5-10M MUSEUM ASSOCIATES Los angeles , CA East West Bank
$5-10M NES AMERICA, INC. Tiburon , CA East West Bank
$5-10M NETBASE SOLUTIONS, INC. Santa clara , CA East West Bank
$5-10M NEWAGE DESERT SPRINGS HOLDING, LLC Palm desert , CA East West Bank
$5-10M NIO USA INC. San jose , CA East West Bank
$5-10M PACIFICA HOTEL COMPANY Aliso viejo , CA East West Bank
$5-10M PCAM LLC Los angeles , CA East West Bank
$5-10M QUANTCAST CORPORATION San francisco , CA East West Bank
$5-10M SAN FRANCISCO SYMPHONY San francisco , CA East West Bank
$5-10M SOLARIS PAPER INC Anaheim , CA East West Bank
$5-10M URBAN PLATES, LLC Cardiff by the sea , CA East West Bank
$5-10M VELODYNE LIDAR, INC. San jose , CA East West Bank
$5-10M WET Sun valley , CA East West Bank
$5-10M XLD CENTURY LLC Pasadena , CA East West Bank
$2-5M 250 FOURTH DEVELOPMENT, L.P. San francisco , CA East West Bank
$2-5M AC MARTIN INC. Los angeles , CA East West Bank
$2-5M APEX BULK COMMODITIES LLC Adelanto , CA East West Bank

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.