PPP Loan information for The sound lounge llc

$29,500

The sound lounge llc was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 04/06/2020 by The People's Bank of Commerce reported 7 jobs and $29,500 was used to fund payroll.

The sound lounge llc is Existing or more than 2 years old

THE SOUND LOUNGE LLC

Date Approved

04/06/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THE SOUND LOUNGE LLC

Borrower Address

225 SE H Street

Borrower City

GRANTS PASS

Borrower State

OR

Borrower Zip

97526-3038

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRANTS PASS

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97526-3038

CD

OR-02

Jobs Reported

7

NAICS Code

711310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23660.00

Mortgage Interest Proceed

0.00

Rent Proceed

5840.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29844.30

Forgiveness Date

06/16/2021

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