PPP Loan information for Sound fx inc.

$397,369

Sound fx inc. was initially approved for PPP Loan of amount $397,369, the current approved amount is $397,369. The loan was approved on 03/12/2021 by The Summit Community Bank, Inc. reported 43 jobs and $397,369 was used to fund payroll.

Sound fx inc. is Existing or more than 2 years old

SOUND FX INC.

Date Approved

03/12/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

SOUND FX INC.

Borrower Address

17665 Coastal Hwy

Borrower City

Lewes

Borrower State

DE

Borrower Zip

19958-6213

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397369.08

Current Approval Amount

397369.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewes

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-6213

CD

DE-

Jobs Reported

43

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

397369.08

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

Subchapter S Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400735.68

Forgiveness Date

01/18/2022

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