PPP Loan information for Sorenson electric inc

$22,800

Sorenson electric inc was initially approved for PPP Loan of amount $22,800, the current approved amount is $22,800. The loan was approved on 04/07/2020 by The Malvern Bank reported 4 jobs and $22,800 was used to fund payroll.

Sorenson electric inc is Existing or more than 2 years old

PPP Loan Search / IA / MALVERN / Sorenson electric inc

SORENSON ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SORENSON ELECTRIC INC

Borrower Address

31188 Jahnke Ave

Borrower City

MALVERN

Borrower State

IA

Borrower Zip

51551-5162

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22800.00

Current Approval Amount

22800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25210

Servicing Lender Name

Malvern Bank

Servicing Lender Address

404 Main St

Servicing Lender City

MALVERN

Servicing Lender State

IA

Servicing Lender Zip

51551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

MILLS

Project State

IA

Project Zip

51551-5162

CD

IA-04

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22800.00

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

25210

Originating Lender

Malvern Bank

Originating Lender City

MALVERN

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22928.57

Forgiveness Date

11/05/2020

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