PPP Loan information for Sommer outdoors inc

$88,655

Sommer outdoors inc was initially approved for PPP Loan of amount $88,655, the current approved amount is $88,655. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $88,655 was used to fund payroll.

Sommer outdoors inc is New Business or 2 years or less

SOMMER OUTDOORS INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SOMMER OUTDOORS INC

Borrower Address

5729 STRAWBERRY LAKES CIR

Borrower City

LAKE WORTH

Borrower State

FL

Borrower Zip

33463-6503

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88655.00

Current Approval Amount

88655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAKE WORTH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33463-6503

CD

FL-22

Jobs Reported

7

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88655.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89381.24

Forgiveness Date

02/25/2021

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