PPP Loan information for Timothy sorensen

$20,833

Timothy sorensen was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/16/2021 by The Merchants State Bank reported 1 jobs and $20,833 was used to fund payroll.

Timothy sorensen is Existing or more than 2 years old

PPP Loan Search / SD / Viborg / Timothy sorensen

TIMOTHY SORENSEN

Date Approved

03/16/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

TIMOTHY SORENSEN

Borrower Address

44865 290th St

Borrower City

Viborg

Borrower State

SD

Borrower Zip

57070-6311

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Viborg

Project County Name

TURNER

Project State

SD

Project Zip

57070-6311

CD

SD-

Jobs Reported

1

NAICS Code

111110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20832.00

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

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20886.24

Forgiveness Date

06/23/2021

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