PPP Loan information for Sorenson-lockwood funeral home, inc.

$40,400

Sorenson-lockwood funeral home, inc. was initially approved for PPP Loan of amount $40,400, the current approved amount is $40,400. The loan was approved on 04/10/2020 by The Live Oak Banking Company reported 6 jobs and $40,400 was used to fund payroll.

Sorenson-lockwood funeral home, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grayling / Sorenson-lockwood funeral home, inc.

SORENSON-LOCKWOOD FUNERAL HOME, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SORENSON-LOCKWOOD FUNERAL HOME, INC.

Borrower Address

1108 W North Down River Rd

Borrower City

Grayling

Borrower State

MI

Borrower Zip

49738

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40400.00

Current Approval Amount

40400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grayling

Project County Name

CRAWFORD

Project State

MI

Project Zip

49738-0001

CD

MI-01

Jobs Reported

6

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40400.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40670.07

Forgiveness Date

12/17/2020

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