PPP Loan information for Portland engineering inc

$322,000

Portland engineering inc was initially approved for PPP Loan of amount $322,000, the current approved amount is $322,000. The loan was approved on 04/07/2020 by The People's Bank of Commerce reported 20 jobs and $322,000 was used to fund payroll.

Portland engineering inc is Existing or more than 2 years old

PORTLAND ENGINEERING INC

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PORTLAND ENGINEERING INC

Borrower Address

7675 High Banks Rd., Unit 1

Borrower City

CENTRAL POINT

Borrower State

OR

Borrower Zip

97502-9520

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322000.00

Current Approval Amount

322000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTRAL POINT

Project County Name

JACKSON

Project State

OR

Project Zip

97502-9520

CD

OR-02

Jobs Reported

20

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

302000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

324406.06

Forgiveness Date

01/12/2021

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