PPP Loan information for Sorg insurance agency inc

$12,021

Sorg insurance agency inc was initially approved for PPP Loan of amount $12,021, the current approved amount is $12,021. The loan was approved on 03/09/2021 by The BankIowa reported 5 jobs and $12,021 was used to fund payroll.

Sorg insurance agency inc is Existing or more than 2 years old

SORG INSURANCE AGENCY INC

Date Approved

03/09/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SORG INSURANCE AGENCY INC

Borrower Address

114 3rd Ave NE

Borrower City

Independence

Borrower State

IA

Borrower Zip

50644-1924

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12021.00

Current Approval Amount

12021.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Independence

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-1924

CD

IA-02

Jobs Reported

5

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

12018.00

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

Corporation

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12080.10

Forgiveness Date

09/07/2021

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