PPP Loan information for Sound concepts inc

$389,400

Sound concepts inc was initially approved for PPP Loan of amount $389,400, the current approved amount is $389,400. The loan was approved on 04/10/2020 by The Centennial Bank reported 27 jobs and $389,400 was used to fund payroll.

Sound concepts inc is Existing or more than 2 years old

SOUND CONCEPTS INC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUND CONCEPTS INC

Borrower Address

2924 LONGVIEW DRIVE SUITE A

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72401-5911

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389400.00

Current Approval Amount

389400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-5911

CD

AR-01

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389400.00

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

391619.05

Forgiveness Date

11/12/2020

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