PPP Loan information for Digimarc corporation

$5,032,072

Digimarc corporation was initially approved for PPP Loan of amount $4,704,360, the current approved amount is $5,032,072. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 215 jobs and $5,032,072 was used to fund payroll.

Digimarc corporation is New Business or 2 years or less

DIGIMARC CORPORATION

Date Approved

04/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DIGIMARC CORPORATION

Borrower Address

9405 SW Gemini Drive

Borrower City

BEAVERTON

Borrower State

OR

Borrower Zip

97008-7192

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4704360.00

Current Approval Amount

5032072.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BEAVERTON

Project County Name

WASHINGTON

Project State

OR

Project Zip

97008-7192

CD

OR-06

Jobs Reported

215

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25466.00

Payroll Proceed

4829138.00

Mortgage Interest Proceed

0.00

Rent Proceed

177468.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5093697.65

Forgiveness Date

07/08/2021

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