PPP Loan information for Openfource, inc.

$115,005

Openfource, inc. was initially approved for PPP Loan of amount $115,005, the current approved amount is $115,005. The loan was approved on 01/22/2021 by The Umpqua Bank reported 5 jobs and $115,005 was used to fund payroll.

Openfource, inc. is Existing or more than 2 years old

OPENFOURCE, INC.

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

OPENFOURCE, INC.

Borrower Address

1515 NW Bolen St

Borrower City

La Center

Borrower State

WA

Borrower Zip

98629-3149

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115005.00

Current Approval Amount

115005.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Center

Project County Name

CLARK

Project State

WA

Project Zip

98629-3149

CD

WA-03

Jobs Reported

5

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115004.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115874.63

Forgiveness Date

11/02/2021

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