Sonic Foundry, Inc.

$2,314,815 PPP Loan in Madison, Wisconsin

Loan Details

Loan Number
7056607107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,314,815
Current Approval
$2,314,815
Forgiveness Amount
$2,341,198
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonic Foundry, Inc.
Address
222 West Washington Ave, Ste 100
ZIP Code
53703
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$22.1M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$2,314,815

Lender Information

Servicing Lender
First Business Bank
Originating Lender
First Business Bank

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