PPP Loan information for Oregon induction corporation

$544,022

Oregon induction corporation was initially approved for PPP Loan of amount $544,022, the current approved amount is $544,022. The loan was approved on 04/11/2020 by The First Interstate Bank reported 38 jobs and $544,022 was used to fund payroll.

Oregon induction corporation is Existing or more than 2 years old

OREGON INDUCTION CORPORATION

Date Approved

04/11/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

OREGON INDUCTION CORPORATION

Borrower Address

911 NW Eastwind Drive

Borrower City

TROUTDALE

Borrower State

OR

Borrower Zip

97060-9544

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544022.00

Current Approval Amount

544022.00

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

38

NAICS Code

332811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544022.00

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

549342.98

Forgiveness Date

04/08/2021

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