501 COMMONS (WA) - 2020 PPP Loan Borrower Profile (# 5662507102)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 501 COMMONS. The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Washington.
Loan Detail
Loan Number
5662507102
SBA Office Code
1013
Processing Method
PPP
Curent Loan Amount
$638,708.1
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$646,617.58
Date Loan was Forgiven
Jul 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
638,708.1
Lender
Beneficial State Bank
Business Detail
Business Type
Non-Profit Organization
NAICS
813219
Borrower Location
Seattle, WA
Project Location
Seattle, WA
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
53
Business Age Description
Existing or more than 2 years old
Data Source: SBA.