PPP Loan information for Third generation painting co.

$288,000

Third generation painting co. was initially approved for PPP Loan of amount $325,000, the current approved amount is $288,000. The loan was approved on 04/07/2020 by The Summit Bank reported 32 jobs and $288,000 was used to fund payroll.

Third generation painting co. is Existing or more than 2 years old

THIRD GENERATION PAINTING CO.

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THIRD GENERATION PAINTING CO.

Borrower Address

2941 SUMMIT TERRACE DR

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97405-1590

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

EUGENE

Project County Name

LANE

Project State

OR

Project Zip

97405-1590

CD

OR-04

Jobs Reported

32

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

288000.00

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

289609.64

Forgiveness Date

11/09/2020

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