PPP Loan information for Stereo store (the)

$157,742

Stereo store (the) was initially approved for PPP Loan of amount $157,742, the current approved amount is $157,742. The loan was approved on 04/13/2020 by The People's Bank of Commerce reported 13 jobs and $157,742 was used to fund payroll.

Stereo store (the) is Existing or more than 2 years old

PPP Loan Search / OR / EUGENE / Stereo store (the)

STEREO STORE (THE)

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

STEREO STORE (THE)

Borrower Address

472 W 7TH AVE STE 1

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97401-2558

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157742.00

Current Approval Amount

157742.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUGENE

Project County Name

LANE

Project State

OR

Project Zip

97401-2558

CD

OR-04

Jobs Reported

13

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5952.00

Payroll Proceed

122748.00

Mortgage Interest Proceed

5914.00

Rent Proceed

16060.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7068.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158882.93

Forgiveness Date

01/12/2021

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