PPP Loan information for John g. sorensen

$38,000

John g. sorensen was initially approved for PPP Loan of amount $16,900, the current approved amount is $38,000. The loan was approved on 04/14/2020 by The Clear Lake Bank & Trust Company reported 4 jobs and $38,000 was used to fund payroll.

John g. sorensen is Existing or more than 2 years old

JOHN G. SORENSEN

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JOHN G. SORENSEN

Borrower Address

22 N 3RD ST

Borrower City

CLEAR LAKE

Borrower State

IA

Borrower Zip

50428-1811

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16900.00

Current Approval Amount

38000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEAR LAKE

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-1811

CD

IA-02

Jobs Reported

4

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

800.00

Payroll Proceed

35800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1400

Business Type

Sole Proprietorship

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38195.28

Forgiveness Date

11/02/2020

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