PPP Loan information for Synergetic sounds, inc.

$388,400

Synergetic sounds, inc. was initially approved for PPP Loan of amount $388,400, the current approved amount is $388,400. The loan was approved on 04/30/2020 by The Meridian Bank reported 25 jobs and $388,400 was used to fund payroll.

Synergetic sounds, inc. is Existing or more than 2 years old

PPP Loan Search / PA / BENSALEM / Synergetic sounds, inc.

SYNERGETIC SOUNDS, INC.

Date Approved

04/30/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SYNERGETIC SOUNDS, INC.

Borrower Address

776 HAUNTED LN,

Borrower City

BENSALEM

Borrower State

PA

Borrower Zip

19020

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388400.00

Current Approval Amount

388400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENSALEM

Project County Name

BUCKS

Project State

PA

Project Zip

19020-0001

CD

PA-01

Jobs Reported

25

NAICS Code

334310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10800.00

Payroll Proceed

295600.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

40000

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

390953.86

Forgiveness Date

01/07/2021

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