PPP Loan information for Sowle properties, inc.

$87,600

Sowle properties, inc. was initially approved for PPP Loan of amount $87,600, the current approved amount is $87,600. The loan was approved on 04/27/2020 by The 1st State Bank reported 10 jobs and $87,600 was used to fund payroll.

Sowle properties, inc. is Existing or more than 2 years old

SOWLE PROPERTIES, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOWLE PROPERTIES, INC.

Borrower Address

312 W Chapel Lane

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48640-7327

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87600.00

Current Approval Amount

87600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48640-7327

CD

MI-04

Jobs Reported

10

NAICS Code

236220

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82000.00

Mortgage Interest Proceed

0.00

Rent Proceed

500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

88278.90

Forgiveness Date

02/03/2021

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