The Battery Source INC

$930,840 PPP Loan in Salem, Oregon

Loan Details

Loan Number
8022887008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$930,840
Current Approval
$930,840
Forgiveness Amount
$940,990
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Battery Source INC
Address
3045 Lancaster Dr NE
City
Salem
State
Oregon
ZIP Code
97305-1348
Business Type
Corporation
Industry (NAICS)
Retail Trade (444130)
Franchise
Batteries Plus Bulbs
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
OR-05

Loan Use Breakdown

Payroll
$781,906
Rent
$130,317
Utilities
$18,617

Lender Information

Servicing Lender
Peoples Bank of Commerce
Originating Lender
Peoples Bank of Commerce

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