PPP Loan information for Out of bounds, inc

$75,600

Out of bounds, inc was initially approved for PPP Loan of amount $75,600, the current approved amount is $75,600. The loan was approved on 05/01/2020 by The City Bank reported 8 jobs and $75,600 was used to fund payroll.

Out of bounds, inc is Existing or more than 2 years old

OUT OF BOUNDS, INC

Date Approved

05/01/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

OUT OF BOUNDS, INC

Borrower Address

1244 PO BOX

Borrower City

ALTO

Borrower State

NM

Borrower Zip

88312-1244

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75600.00

Current Approval Amount

75600.00

Undisbursed Amount

0.00

Franchise Name

Southwest Greens

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTO

Project County Name

LINCOLN

Project State

NM

Project Zip

88312-1244

CD

NM-01

Jobs Reported

8

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7560.00

Payroll Proceed

60480.00

Mortgage Interest Proceed

7560.00

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76120.80

Forgiveness Date

01/08/2021

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