PPP Loan information for Northwest rehabilitation associates

$494,697

Northwest rehabilitation associates was initially approved for PPP Loan of amount $494,697, the current approved amount is $494,697. The loan was approved on 04/08/2020 by The People's Bank of Commerce reported 48 jobs and $494,697 was used to fund payroll.

Northwest rehabilitation associates is Existing or more than 2 years old

NORTHWEST REHABILITATION ASSOCIATES

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NORTHWEST REHABILITATION ASSOCIATES

Borrower Address

3270 LIBERTY RD

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97302-4560

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494697.00

Current Approval Amount

494697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97302-4560

CD

OR-06

Jobs Reported

48

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

36570.00

Payroll Proceed

396758.00

Mortgage Interest Proceed

61369.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

487724.70

Forgiveness Date

12/02/2020

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