PPP Loan information for The sound lounge llc

$38,052

The sound lounge llc was initially approved for PPP Loan of amount $38,052, the current approved amount is $38,052. The loan was approved on 01/20/2021 by The People's Bank of Commerce reported 7 jobs and $38,052 was used to fund payroll.

The sound lounge llc is Existing or more than 2 years old

THE SOUND LOUNGE LLC

Date Approved

01/20/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

THE SOUND LOUNGE LLC

Borrower Address

225 SE H St

Borrower City

Grants Pass

Borrower State

OR

Borrower Zip

97526-3038

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38051.65

Current Approval Amount

38051.65

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grants Pass

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97526-3038

CD

OR-02

Jobs Reported

7

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38046.65

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

Limited Liability Company(LLC)

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38225.75

Forgiveness Date

07/14/2021

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