PPP Loan information for Oregon induction corp

$335,472

Oregon induction corp was initially approved for PPP Loan of amount $335,472, the current approved amount is $335,472. The loan was approved on 02/11/2021 by The First Interstate Bank reported 37 jobs and $335,472 was used to fund payroll.

Oregon induction corp is Existing or more than 2 years old

OREGON INDUCTION CORP

Date Approved

02/11/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

OREGON INDUCTION CORP

Borrower Address

911 NW Eastwind Dr

Borrower City

Troutdale

Borrower State

OR

Borrower Zip

97060-9544

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335472.00

Current Approval Amount

335472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troutdale

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97060-9544

CD

OR-03

Jobs Reported

37

NAICS Code

332811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

335470.00

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

Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

337806.52

Forgiveness Date

11/01/2021

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