PPP Loan information for Thomas mortenson

$20,800

Thomas mortenson was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 02/02/2021 by The Cherokee State Bank reported 1 jobs and $20,800 was used to fund payroll.

Thomas mortenson is Existing or more than 2 years old

THOMAS MORTENSON

Date Approved

02/02/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

THOMAS MORTENSON

Borrower Address

6082 Highway 59

Borrower City

Cherokee

Borrower State

IA

Borrower Zip

51012-7118

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherokee

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-7118

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20797.00

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

Sole Proprietorship

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20956.71

Forgiveness Date

11/15/2021

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