PPP Loan information for Sovran, inc.

$139,500

Sovran, inc. was initially approved for PPP Loan of amount $139,500, the current approved amount is $139,500. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 10 jobs and $139,500 was used to fund payroll.

Sovran, inc. is Existing or more than 2 years old

SOVRAN, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOVRAN, INC.

Borrower Address

2915 COMMERS DR Suite 100

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55121-2359

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139500.00

Current Approval Amount

139500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-2359

CD

MN-02

Jobs Reported

10

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1235.57

Payroll Proceed

129528.90

Mortgage Interest Proceed

0.00

Rent Proceed

8735.53

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140654.75

Forgiveness Date

02/10/2021

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