PPP Loan information for Soundown corporation

$467,472

Soundown corporation was initially approved for PPP Loan of amount $467,472, the current approved amount is $467,472. The loan was approved on 03/16/2021 by The Salem Five Cents Savings Bank reported 30 jobs and $467,472 was used to fund payroll.

Soundown corporation is Existing or more than 2 years old

SOUNDOWN CORPORATION

Date Approved

03/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOUNDOWN CORPORATION

Borrower Address

16 Broadway

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-2922

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467472.00

Current Approval Amount

467472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-2922

CD

MA-06

Jobs Reported

30

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

467467.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470004.14

Forgiveness Date

09/29/2021

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