PPP Loan information for Sound decision, inc.

$60,972

Sound decision, inc. was initially approved for PPP Loan of amount $60,972, the current approved amount is $60,972. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 5 jobs and $60,972 was used to fund payroll.

Sound decision, inc. is Existing or more than 2 years old

SOUND DECISION, INC.

Date Approved

04/12/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SOUND DECISION, INC.

Borrower Address

1923 DeMers Ave

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-4274

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60972.00

Current Approval Amount

60972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-4274

CD

ND-

Jobs Reported

5

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6097.20

Payroll Proceed

45729.00

Mortgage Interest Proceed

9145.80

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61367.90

Forgiveness Date

12/15/2020

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