PPP Loan information for Sorensen auto finance, inc

$37,500

Sorensen auto finance, inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/06/2020 by The The First National Bank in Creston reported 6 jobs and $37,500 was used to fund payroll.

Sorensen auto finance, inc is Existing or more than 2 years old

PPP Loan Search / IA / SHENANDOAH / Sorensen auto finance, inc

SORENSEN AUTO FINANCE, INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SORENSEN AUTO FINANCE, INC

Borrower Address

1100 1/2 W SHERIDAN AVE

Borrower City

SHENANDOAH

Borrower State

IA

Borrower Zip

51601-1552

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24817

Servicing Lender Name

The First National Bank in Creston

Servicing Lender Address

101 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHENANDOAH

Project County Name

PAGE

Project State

IA

Project Zip

51601-1552

CD

IA-03

Jobs Reported

6

NAICS Code

525990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

36500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24817

Originating Lender

The First National Bank in Creston

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37751.04

Forgiveness Date

12/08/2020

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