PPP Loan information for Propeller inc

$2,392,900

Propeller inc was initially approved for PPP Loan of amount $2,392,900, the current approved amount is $2,392,900. The loan was approved on 04/06/2020 by The Western Alliance Bank reported 124 jobs and $2,392,900 was used to fund payroll.

Propeller inc is Existing or more than 2 years old

PROPELLER INC

Date Approved

04/06/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PROPELLER INC

Borrower Address

108 NW 9TH AVE STE 300

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97209-3304

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2392900.00

Current Approval Amount

2392900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

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

97209-3304

CD

OR-01

Jobs Reported

124

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2243250.00

Mortgage Interest Proceed

0.00

Rent Proceed

16650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

133000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2419687.19

Forgiveness Date

05/25/2021

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