PPP Loan information for U.s. reduction systems inc.

$64,384

U.s. reduction systems inc. was initially approved for PPP Loan of amount $64,384, the current approved amount is $64,384. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $64,384 was used to fund payroll.

U.s. reduction systems inc. is New Business or 2 years or less

PPP Loan Search / OR / CHESHIRE / U.s. reduction systems inc.

U.S. REDUCTION SYSTEMS INC.

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

U.S. REDUCTION SYSTEMS INC.

Borrower Address

23845 HIGHWAY 36

Borrower City

CHESHIRE

Borrower State

OR

Borrower Zip

97419-9709

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64384.00

Current Approval Amount

64384.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHESHIRE

Project County Name

LANE

Project State

OR

Project Zip

97419-9709

CD

OR-04

Jobs Reported

5

NAICS Code

541620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64384.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64842.63

Forgiveness Date

01/20/2021

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