PPP Loan information for Decibel research inc

$2,616,900

Decibel research inc was initially approved for PPP Loan of amount $2,616,900, the current approved amount is $2,616,900. The loan was approved on 04/06/2020 by The First Horizon Bank reported 101 jobs and $2,616,900 was used to fund payroll.

Decibel research inc is Existing or more than 2 years old

DECIBEL RESEARCH INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DECIBEL RESEARCH INC

Borrower Address

325 BOB HEATH

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35806

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2616900.00

Current Approval Amount

2616900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35806-0002

CD

AL-05

Jobs Reported

101

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2616900.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1812832.71

Forgiveness Date

06/11/2021

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