PPP Loan information for Payroll specialties, inc.

$194,000

Payroll specialties, inc. was initially approved for PPP Loan of amount $194,000, the current approved amount is $194,000. The loan was approved on 04/05/2020 by The People's Bank of Commerce reported 23 jobs and $194,000 was used to fund payroll.

Payroll specialties, inc. is Existing or more than 2 years old

PAYROLL SPECIALTIES, INC.

Date Approved

04/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PAYROLL SPECIALTIES, INC.

Borrower Address

2021 COMMERCE DR STE 100

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97504-9478

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194000.00

Current Approval Amount

194000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97504-9478

CD

OR-02

Jobs Reported

23

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38420.00

Payroll Proceed

155580.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195314.89

Forgiveness Date

12/16/2020

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