PPP Loan information for Sound associates inc

$180,063

Sound associates inc was initially approved for PPP Loan of amount $180,063, the current approved amount is $180,063. The loan was approved on 02/26/2021 by The Community Bank of Mississippi reported 216 jobs and $180,063 was used to fund payroll.

Sound associates inc is Existing or more than 2 years old

PPP Loan Search / AL / Theodore / Sound associates inc

SOUND ASSOCIATES INC

Date Approved

02/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUND ASSOCIATES INC

Borrower Address

5675 Rabbit Creek Dr

Borrower City

Theodore

Borrower State

AL

Borrower Zip

36582-2543

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180063.05

Current Approval Amount

180063.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Theodore

Project County Name

MOBILE

Project State

AL

Project Zip

36582-2543

CD

AL-01

Jobs Reported

216

NAICS Code

711130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

180060.05

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

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181084.23

Forgiveness Date

10/06/2021

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