PPP Loan information for Sommerer electric inc

$172,559

Sommerer electric inc was initially approved for PPP Loan of amount $172,559, the current approved amount is $172,559. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 20 jobs and $172,559 was used to fund payroll.

Sommerer electric inc is Existing or more than 2 years old

PPP Loan Search / GA / CONYERS / Sommerer electric inc

SOMMERER ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOMMERER ELECTRIC INC

Borrower Address

1919 JESSIE COURT

Borrower City

CONYERS

Borrower State

GA

Borrower Zip

30012

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172559.00

Current Approval Amount

172559.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONYERS

Project County Name

ROCKDALE

Project State

GA

Project Zip

30012-0001

CD

GA-04

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172559.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174700.62

Forgiveness Date

08/03/2021

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