PPP Loan information for Sorvig oil inc.

$13,750

Sorvig oil inc. was initially approved for PPP Loan of amount $13,750, the current approved amount is $13,750. The loan was approved on 03/25/2021 by The Northern State Bank of Thief River Falls reported 2 jobs and $13,750 was used to fund payroll.

Sorvig oil inc. is Existing or more than 2 years old

SORVIG OIL INC.

Date Approved

03/25/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SORVIG OIL INC.

Borrower Address

1501 Main Ave North

Borrower City

Thief River Falls

Borrower State

MN

Borrower Zip

56701

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13750.00

Current Approval Amount

13750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38937

Servicing Lender Name

Northern State Bank of Thief River Falls

Servicing Lender Address

201 E 3rd St

Servicing Lender City

THIEF RIVER FALLS

Servicing Lender State

MN

Servicing Lender Zip

56701-2007

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thief River Falls

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701

CD

MN-07

Jobs Reported

2

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

13748.00

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

38937

Originating Lender

Northern State Bank of Thief River Falls

Originating Lender City

THIEF RIVER FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13858.12

Forgiveness Date

01/13/2022

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