PPP Loan information for Professional audio associates inc

$384,753

Professional audio associates inc was initially approved for PPP Loan of amount $237,500, the current approved amount is $384,753. The loan was approved on 04/08/2020 by The Bank of America, National Association reported 22 jobs and $384,753 was used to fund payroll.

Professional audio associates inc is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Professional audio associates inc

PROFESSIONAL AUDIO ASSOCIATES INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PROFESSIONAL AUDIO ASSOCIATES INC

Borrower Address

14 EVERBERG RD STE 1

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-1019

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237500.00

Current Approval Amount

384753.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1019

CD

MA-05

Jobs Reported

22

NAICS Code

334310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

384753.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387852.11

Forgiveness Date

02/11/2021

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