PPP Loan information for Sorem manufacturing company incorporated

$42,728

Sorem manufacturing company incorporated was initially approved for PPP Loan of amount $42,728, the current approved amount is $42,728. The loan was approved on 03/13/2021 by The Availa Bank reported 5 jobs and $42,728 was used to fund payroll.

Sorem manufacturing company incorporated is Existing or more than 2 years old

PPP Loan Search / IA / Nevada / Sorem manufacturing company incorporated

SOREM MANUFACTURING COMPANY INCORPORATED

Date Approved

03/13/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SOREM MANUFACTURING COMPANY INCORPORATED

Borrower Address

728 W 18th St

Borrower City

Nevada

Borrower State

IA

Borrower Zip

50201-7847

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42727.50

Current Approval Amount

42727.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nevada

Project County Name

STORY

Project State

IA

Project Zip

50201-7847

CD

IA-04

Jobs Reported

5

NAICS Code

332618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42724.50

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

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42935.20

Forgiveness Date

09/15/2021

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