PPP Loan information for Sommers inc

$1,629,090

Sommers inc was initially approved for PPP Loan of amount $1,629,090, the current approved amount is $1,629,090. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 113 jobs and $1,629,090 was used to fund payroll.

Sommers inc is Existing or more than 2 years old

SOMMERS INC

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOMMERS INC

Borrower Address

PO BOX 37 7211 W Mequon Rd 0.0

Borrower City

Mequon

Borrower State

WI

Borrower Zip

53092-1826

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1629090.00

Current Approval Amount

1629090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mequon

Project County Name

OZAUKEE

Project State

WI

Project Zip

53092-1826

CD

WI-06

Jobs Reported

113

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1524090.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

105000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1647538.54

Forgiveness Date

06/04/2021

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