PPP Loan information for The battery source inc

$930,840

The battery source inc was initially approved for PPP Loan of amount $930,840, the current approved amount is $930,840. The loan was approved on 04/08/2020 by The People's Bank of Commerce reported 83 jobs and $930,840 was used to fund payroll.

The battery source inc is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / The battery source inc

THE BATTERY SOURCE INC

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THE BATTERY SOURCE INC

Borrower Address

3045 LANCASTER DR NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97305-1348

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

930840.00

Current Approval Amount

930840.00

Undisbursed Amount

0.00

Franchise Name

Batteries Plus Bulbs

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97305-1348

CD

OR-05

Jobs Reported

83

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18617.00

Payroll Proceed

781906.00

Mortgage Interest Proceed

0.00

Rent Proceed

130317.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

940989.98

Forgiveness Date

05/19/2021

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