PPP Loan information for El sombrero inc

$129,600

El sombrero inc was initially approved for PPP Loan of amount $129,600, the current approved amount is $129,600. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 29 jobs and $129,600 was used to fund payroll.

El sombrero inc is New Business or 2 years or less

EL SOMBRERO INC

Date Approved

04/27/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

EL SOMBRERO INC

Borrower Address

505 15th St W

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-2914

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129600.00

Current Approval Amount

129600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DICKINSON

Project County Name

STARK

Project State

ND

Project Zip

58601-2914

CD

ND-

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129600.00

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

Subchapter S Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130478.40

Forgiveness Date

01/07/2021

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