PPP Loan information for Sound associates inc

$1,508,570

Sound associates inc was initially approved for PPP Loan of amount $1,508,570, the current approved amount is $1,508,570. The loan was approved on 03/12/2021 by The Lakeland Bank reported 94 jobs and $1,508,570 was used to fund payroll.

Sound associates inc is Existing or more than 2 years old

PPP Loan Search / NY / Yonkers / Sound associates inc

SOUND ASSOCIATES INC

Date Approved

03/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

SOUND ASSOCIATES INC

Borrower Address

979 Saw Mill River Rd

Borrower City

Yonkers

Borrower State

NY

Borrower Zip

10710-3235

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1508570.00

Current Approval Amount

1508570.00

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

10710-3235

CD

NY-16

Jobs Reported

94

NAICS Code

532490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1508566.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1525080.46

Forgiveness Date

04/21/2022

;