PPP Loan information for Method signs, inc

$7,600

Method signs, inc was initially approved for PPP Loan of amount $9,700, the current approved amount is $7,600. The loan was approved on 04/14/2020 by The Summit Bank reported 1 jobs and $7,600 was used to fund payroll.

Method signs, inc is Existing or more than 2 years old

METHOD SIGNS, INC

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

METHOD SIGNS, INC

Borrower Address

1515 SW REINDEER AVE

Borrower City

REDMOND

Borrower State

OR

Borrower Zip

97756-9449

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9700.00

Current Approval Amount

7600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368537

Servicing Lender Name

Summit Bank

Servicing Lender Address

96 E Broadway

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401-3135

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

REDMOND

Project County Name

DESCHUTES

Project State

OR

Project Zip

97756-9449

CD

OR-02

Jobs Reported

1

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7600.00

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

Corporation

Originating Lender Location Id

368537

Originating Lender

Summit Bank

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7653.72

Forgiveness Date

01/07/2021

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