PPP Loan information for Sorg dodge, inc.

$241,100

Sorg dodge, inc. was initially approved for PPP Loan of amount $241,100, the current approved amount is $241,100. The loan was approved on 04/06/2020 by The Lake City Bank reported 32 jobs and $241,100 was used to fund payroll.

Sorg dodge, inc. is Existing or more than 2 years old

SORG DODGE, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SORG DODGE, INC.

Borrower Address

1811 ELKHART RD

Borrower City

GOSHEN

Borrower State

IN

Borrower Zip

46526-1111

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241100.00

Current Approval Amount

241100.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOSHEN

Project County Name

ELKHART

Project State

IN

Project Zip

46526-1111

CD

IN-02

Jobs Reported

32

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1177.34

Payroll Proceed

192898.38

Mortgage Interest Proceed

0.00

Rent Proceed

31650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15374.28

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242687.24

Forgiveness Date

12/09/2020

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