PPP Loan information for Sound inc

$1,978,300

Sound inc was initially approved for PPP Loan of amount $1,978,300, the current approved amount is $1,978,300. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 92 jobs and $1,978,300 was used to fund payroll.

Sound inc is Existing or more than 2 years old

PPP Loan Search / IL / NAPERVILLE / Sound inc

SOUND INC

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOUND INC

Borrower Address

1550 SHORE RD

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-8710

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1978300.00

Current Approval Amount

1978300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-8710

CD

IL-11

Jobs Reported

92

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1978300.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1997368.61

Forgiveness Date

03/31/2021

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