PPP Loan information for Todd sorum

$2,860

Todd sorum was initially approved for PPP Loan of amount $23,162, the current approved amount is $2,860. The loan was approved on 04/09/2020 by The Stearns Bank National Association reported 4 jobs and $2,860 was used to fund payroll.

Todd sorum is Existing or more than 2 years old

TODD SORUM

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TODD SORUM

Borrower Address

40807 110th Avenue

Borrower City

PELICAN RAPIDS

Borrower State

MN

Borrower Zip

56572-7231

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23162.00

Current Approval Amount

2860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELICAN RAPIDS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-7231

CD

MN-07

Jobs Reported

4

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

700.00

Payroll Proceed

2160.00

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

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2884.45

Forgiveness Date

02/23/2021

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