PPP Loan information for The commerce company

$295,000

The commerce company was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/27/2020 by The Mid Penn Bank reported 16 jobs and $295,000 was used to fund payroll.

The commerce company is Existing or more than 2 years old

THE COMMERCE COMPANY

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THE COMMERCE COMPANY

Borrower Address

5440 SW Westgate Drive Suite 1110

Borrower City

Portland

Borrower State

OR

Borrower Zip

97221

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97221-1000

CD

OR-01

Jobs Reported

16

NAICS Code

523120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295000.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297360.00

Forgiveness Date

02/24/2021

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