PPP Loan information for Sound associates, inc.

$1,517,647

Sound associates, inc. was initially approved for PPP Loan of amount $1,517,647, the current approved amount is $1,517,647. The loan was approved on 04/07/2020 by The Lakeland Bank reported 228 jobs and $1,517,647 was used to fund payroll.

Sound associates, inc. is Existing or more than 2 years old

SOUND ASSOCIATES, INC.

Date Approved

04/07/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SOUND ASSOCIATES, INC.

Borrower Address

979 Saw Mill River Road

Borrower City

YONKERS

Borrower State

NY

Borrower Zip

10710-3230

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1517647.25

Current Approval Amount

1517647.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YONKERS

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10710-3230

CD

NY-16

Jobs Reported

228

NAICS Code

532490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1517647.25

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1533582.55

Forgiveness Date

05/05/2021

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