PPP Loan information for Elements by k sorbe inc

$129,091

Elements by k sorbe inc was initially approved for PPP Loan of amount $129,091, the current approved amount is $129,091. The loan was approved on 02/25/2021 by The Central Bank reported 22 jobs and $129,091 was used to fund payroll.

Elements by k sorbe inc is Existing or more than 2 years old

ELEMENTS BY K SORBE INC

Date Approved

02/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

ELEMENTS BY K SORBE INC

Borrower Address

1701 W Milwaukee Ave

Borrower City

Storm Lake

Borrower State

IA

Borrower Zip

50588-2847

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129091.29

Current Approval Amount

129091.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Storm Lake

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-2847

CD

IA-04

Jobs Reported

22

NAICS Code

442299

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129089.29

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

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129586.14

Forgiveness Date

07/21/2021

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