PPP Loan information for Sowles co.

$4,617,800

Sowles co. was initially approved for PPP Loan of amount $4,617,800, the current approved amount is $4,617,800. The loan was approved on 04/10/2020 by The Old National Bank reported 183 jobs and $4,617,800 was used to fund payroll.

Sowles co. is Existing or more than 2 years old

SOWLES CO.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOWLES CO.

Borrower Address

700 Canterbury Road S

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1840

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4617800.00

Current Approval Amount

4617800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1840

CD

MN-02

Jobs Reported

183

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4617800.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4677135.57

Forgiveness Date

08/02/2021

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