PPP Loan information for Worksystems inc.

$783,257

Worksystems inc. was initially approved for PPP Loan of amount $783,257, the current approved amount is $783,257. The loan was approved on 07/30/2020 by The Umpqua Bank reported 133 jobs and $783,257 was used to fund payroll.

Worksystems inc. is Existing or more than 2 years old

WORKSYSTEMS INC.

Date Approved

07/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

WORKSYSTEMS INC.

Borrower Address

1618 SW 1st Ave.

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97201-5704

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

783257.00

Current Approval Amount

783257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97201-5704

CD

OR-01

Jobs Reported

133

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

783257.00

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

Non-Profit Organization

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

790080.99

Forgiveness Date

06/22/2021

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