PPP Loan information for Michael sorensen

$16,600

Michael sorensen was initially approved for PPP Loan of amount $16,600, the current approved amount is $16,600. The loan was approved on 06/29/2020 by The Citizens Bank reported 1 jobs and $16,600 was used to fund payroll.

Michael sorensen is Existing or more than 2 years old

MICHAEL SORENSEN

Date Approved

06/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MICHAEL SORENSEN

Borrower Address

2922 ROLF LN

Borrower City

SAC CITY

Borrower State

IA

Borrower Zip

50583-7544

Loan Status Date

02/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16600.00

Current Approval Amount

16600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25432

Servicing Lender Name

Citizens Bank

Servicing Lender Address

500 W Main St

Servicing Lender City

SAC CITY

Servicing Lender State

IA

Servicing Lender Zip

50583-1727

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAC CITY

Project County Name

SAC

Project State

IA

Project Zip

50583-7544

CD

IA-04

Jobs Reported

1

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16600.00

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

Sole Proprietorship

Originating Lender Location Id

25432

Originating Lender

Citizens Bank

Originating Lender City

SAC CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16687.15

Forgiveness Date

01/07/2021

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