PPP Loan information for Philip sommerfeld

$20,833

Philip sommerfeld was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/24/2021 by The Iowa Savings Bank reported 1 jobs and $20,833 was used to fund payroll.

Philip sommerfeld is Existing or more than 2 years old

PPP Loan Search / IA / Lake City / Philip sommerfeld

PHILIP SOMMERFELD

Date Approved

03/24/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PHILIP SOMMERFELD

Borrower Address

11176 Velvet Ave

Borrower City

Lake City

Borrower State

IA

Borrower Zip

51449-8102

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24796

Servicing Lender Name

Iowa Savings Bank

Servicing Lender Address

510 W US Hwy 30

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2248

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake City

Project County Name

CARROLL

Project State

IA

Project Zip

51449-8102

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Sole Proprietorship

Originating Lender Location Id

24796

Originating Lender

Iowa Savings Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20886.24

Forgiveness Date

07/06/2021

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