Date Approved
04/29/2020
SBA Office Code
0876
Processing Method
PPP
Borrower Name
CHAD SOMMERVOLD
Borrower Address
47585
Borrower City
ALCESTER
Borrower State
SD
Borrower Zip
57001
Loan Status Date
11/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
5370.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66695
Servicing Lender Name
Security Bank Midwest
Servicing Lender Address
1600 Main St
Servicing Lender City
TYNDALL
Servicing Lender State
Servicing Lender Zip
57066
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
57001-0011
CD
SD-
Jobs Reported
1
NAICS Code
111199
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
5392.97
Forgiveness Date
10/13/2020