PPP Loan information for Satellite specialized transportation inc

$688,700

Satellite specialized transportation inc was initially approved for PPP Loan of amount $688,700, the current approved amount is $688,700. The loan was approved on 04/30/2020 by The People's Bank of Commerce reported 42 jobs and $688,700 was used to fund payroll.

Satellite specialized transportation inc is Existing or more than 2 years old

PPP Loan Search / OR / BEND / Satellite specialized transportation inc

SATELLITE SPECIALIZED TRANSPORTATION INC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SATELLITE SPECIALIZED TRANSPORTATION INC

Borrower Address

63211 SERVICE RD

Borrower City

BEND

Borrower State

OR

Borrower Zip

97703-8681

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688700.00

Current Approval Amount

688700.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEND

Project County Name

DESCHUTES

Project State

OR

Project Zip

97703-8681

CD

OR-05

Jobs Reported

42

NAICS Code

488510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11800.00

Payroll Proceed

637600.00

Mortgage Interest Proceed

0.00

Rent Proceed

39300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

693654.81

Forgiveness Date

01/25/2021

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