PPP Loan information for Sound motors, inc.

$31,621

Sound motors, inc. was initially approved for PPP Loan of amount $31,621, the current approved amount is $31,621. The loan was approved on 04/30/2020 by The Lakeland Bank reported 5 jobs and $31,621 was used to fund payroll.

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

SOUND MOTORS, INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOUND MOTORS, INC.

Borrower Address

PO Box 2384

Borrower City

BRANCHVILLE

Borrower State

NJ

Borrower Zip

07826

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31620.82

Current Approval Amount

31620.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRANCHVILLE

Project County Name

SUSSEX

Project State

NJ

Project Zip

07826-0001

CD

NJ-05

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31620.82

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32020.47

Forgiveness Date

08/17/2021

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