PPP Loan information for Distinction communication inc.

$55,772

Distinction communication inc. was initially approved for PPP Loan of amount $55,772, the current approved amount is $55,772. The loan was approved on 06/09/2020 by The Celtic Bank Corporation reported 2 jobs and $55,772 was used to fund payroll.

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

DISTINCTION COMMUNICATION INC.

Date Approved

06/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DISTINCTION COMMUNICATION INC.

Borrower Address

18340 Northeast Rainbow Lane

Borrower City

Newberg

Borrower State

OR

Borrower Zip

97132-6305

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55772.00

Current Approval Amount

55772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

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

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55772.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42142.10

Forgiveness Date

07/09/2021

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