PPP Loan information for Third generation painting

$288,000

Third generation painting was initially approved for PPP Loan of amount $288,000, the current approved amount is $288,000. The loan was approved on 01/17/2021 by The Summit Bank reported 32 jobs and $288,000 was used to fund payroll.

Third generation painting is Existing or more than 2 years old

THIRD GENERATION PAINTING

Date Approved

01/17/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

THIRD GENERATION PAINTING

Borrower Address

1381 Bailey Hill Rd.

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97402

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288000.00

Current Approval Amount

288000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368537

Servicing Lender Name

Summit Bank

Servicing Lender Address

96 E Broadway

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401-3135

Rural Urban Indicator

U

Hubzone Indicator

N

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

97402

CD

OR-04

Jobs Reported

32

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287996.00

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

368537

Originating Lender

Summit Bank

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

291282.41

Forgiveness Date

03/21/2022

;