PPP Loan information for Ray sorensen

$12,452

Ray sorensen was initially approved for PPP Loan of amount $12,452, the current approved amount is $12,452. The loan was approved on 03/17/2021 by The Arcadian Bank reported 1 jobs and $12,452 was used to fund payroll.

Ray sorensen is Existing or more than 2 years old

PPP Loan Search / MN / Wells / Ray sorensen

RAY SORENSEN

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAY SORENSEN

Borrower Address

27182 630th Ave

Borrower City

Wells

Borrower State

MN

Borrower Zip

56097-4380

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12452.28

Current Approval Amount

12452.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wells

Project County Name

FREEBORN

Project State

MN

Project Zip

56097-4380

CD

MN-01

Jobs Reported

1

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

12448.28

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

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12487.08

Forgiveness Date

06/30/2021

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