PPP Loan information for Sound manufacturing, inc.

$687,500

Sound manufacturing, inc. was initially approved for PPP Loan of amount $687,500, the current approved amount is $687,500. The loan was approved on 01/27/2021 by The Newtek Small Business Finance, Inc. reported 53 jobs and $687,500 was used to fund payroll.

Sound manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / CT / Old Saybrook / Sound manufacturing, inc.

SOUND MANUFACTURING, INC.

Date Approved

01/27/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

SOUND MANUFACTURING, INC.

Borrower Address

1 Williams Ln

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475-4233

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

687500.00

Current Approval Amount

687500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-4233

CD

CT-02

Jobs Reported

53

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

687496.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

692388.89

Forgiveness Date

11/01/2021

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