PPP Loan information for Distinction communication inc.

$43,452

Distinction communication inc. was initially approved for PPP Loan of amount $43,452, the current approved amount is $43,452. The loan was approved on 01/22/2021 by The Umpqua Bank reported 2 jobs and $43,452 was used to fund payroll.

Distinction communication inc. is Existing or more than 2 years old

DISTINCTION COMMUNICATION INC.

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

DISTINCTION COMMUNICATION INC.

Borrower Address

18340 NE Rainbow Ln

Borrower City

Newberg

Borrower State

OR

Borrower Zip

97132-6305

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43452.00

Current Approval Amount

43452.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newberg

Project County Name

YAMHILL

Project State

OR

Project Zip

97132-6305

CD

OR-01

Jobs Reported

2

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43452.00

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

Subchapter S Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43678.19

Forgiveness Date

08/10/2021

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