As part of the Paycheck Protection Program PURPOSE FUNDING INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PURPOSE FUNDING INC


Loan Amount	$914,600
BusinessName	PURPOSE FUNDING INC
Address	27651 La Paz Rd 200
City	LAGUNA NIGUEL
State	CA
Zip	92677
NAICSCode	522298
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/28/2020
Lender	Simmons Bank
CD	CA-48
BusinessName.clean	PURPOSE FUNDING

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PURPOSE HOME HEALTH
PURSELL FAMILY
PURSHE KAPLAN STERLING INVESTMENTS
PURSUANT HEALTH
PURSUE HEALTH