PPP Loan information for Sommer electric corp

$63,800

Sommer electric corp was initially approved for PPP Loan of amount $63,800, the current approved amount is $63,800. The loan was approved on 01/23/2021 by The Premier Bank reported 5 jobs and $63,800 was used to fund payroll.

Sommer electric corp is Existing or more than 2 years old

PPP Loan Search / OH / Canton / Sommer electric corp

SOMMER ELECTRIC CORP

Date Approved

01/23/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SOMMER ELECTRIC CORP

Borrower Address

818 3rd St NE

Borrower City

Canton

Borrower State

OH

Borrower Zip

44704-1139

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63800.00

Current Approval Amount

63800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44704-1139

CD

OH-13

Jobs Reported

5

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63800.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64177.48

Forgiveness Date

08/27/2021

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