PPP Loan information for Acorn sound technology

$50,000

Acorn sound technology was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 6 jobs and $50,000 was used to fund payroll.

Acorn sound technology is New Business or 2 years or less

ACORN SOUND TECHNOLOGY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACORN SOUND TECHNOLOGY

Borrower Address

5916 PRESERVATION DR

Borrower City

HAMILTON

Borrower State

MI

Borrower Zip

49419-9693

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HAMILTON

Project County Name

ALLEGAN

Project State

MI

Project Zip

49419-9693

CD

MI-04

Jobs Reported

6

NAICS Code

423490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50632.88

Forgiveness Date

08/10/2021

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