PPP Loan information for Sorensens home hotel

$88,739

Sorensens home hotel was initially approved for PPP Loan of amount $88,739, the current approved amount is $88,739. The loan was approved on 03/18/2021 by The Mountain America FCU reported 28 jobs and $88,739 was used to fund payroll.

Sorensens home hotel is Existing or more than 2 years old

PPP Loan Search / UT / Pleasant Grove / Sorensens home hotel

SORENSENS HOME HOTEL

Date Approved

03/18/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

SORENSENS HOME HOTEL

Borrower Address

1160 W 2600 N

Borrower City

Pleasant Grove

Borrower State

UT

Borrower Zip

84062-9413

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88739.00

Current Approval Amount

88739.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106925

Servicing Lender Name

Mountain America FCU

Servicing Lender Address

9800 S Monroe St

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pleasant Grove

Project County Name

UTAH

Project State

UT

Project Zip

84062-9413

CD

UT-03

Jobs Reported

28

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88737.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

106925

Originating Lender

Mountain America FCU

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

89249.55

Forgiveness Date

10/19/2021

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