PPP Loan information for Studio 5

$47,500

Studio 5 was initially approved for PPP Loan of amount $48,700, the current approved amount is $47,500. The loan was approved on 04/14/2020 by The Customers Bank reported 6 jobs and $47,500 was used to fund payroll.

Studio 5 is Existing or more than 2 years old

STUDIO 5

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

STUDIO 5

Borrower Address

115 East Gilman Avenue

Borrower City

Arlington

Borrower State

WA

Borrower Zip

98223

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48700.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98223-0001

CD

WA-01

Jobs Reported

6

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47500.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47937.26

Forgiveness Date

04/22/2021

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