PPP Loan information for Sorensen electric inc

$139,132

Sorensen electric inc was initially approved for PPP Loan of amount $139,132, the current approved amount is $139,132. The loan was approved on 04/29/2020 by The PNC Bank, National Association reported 21 jobs and $139,132 was used to fund payroll.

Sorensen electric inc is Existing or more than 2 years old

PPP Loan Search / TX / PLANO / Sorensen electric inc

SORENSEN ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SORENSEN ELECTRIC INC

Borrower Address

1770 Millard Dr Ste D

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75074

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139132.00

Current Approval Amount

139132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75074-0001

CD

TX-32

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

137132.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140542.64

Forgiveness Date

05/05/2021

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