PPP Loan information for Sounds true, inc.

$1,346,500

Sounds true, inc. was initially approved for PPP Loan of amount $1,346,500, the current approved amount is $1,346,500. The loan was approved on 04/13/2020 by The Independent Bank reported 113 jobs and $1,346,500 was used to fund payroll.

Sounds true, inc. is Existing or more than 2 years old

SOUNDS TRUE, INC.

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SOUNDS TRUE, INC.

Borrower Address

413 S ARTHUR AVE

Borrower City

LOUISVILLE

Borrower State

CO

Borrower Zip

80027-3013

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1346500.00

Current Approval Amount

1346500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

BOULDER

Project State

CO

Project Zip

80027-3013

CD

CO-02

Jobs Reported

113

NAICS Code

424920

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

7100.00

Payroll Proceed

1174400.00

Mortgage Interest Proceed

35000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1362096.96

Forgiveness Date

06/15/2021

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