PPP Loan information for Sommer sales inc

$29,300

Sommer sales inc was initially approved for PPP Loan of amount $29,300, the current approved amount is $29,300. The loan was approved on 07/20/2020 by The Mascoma Bank reported 3 jobs and $29,300 was used to fund payroll.

Sommer sales inc is New Business or 2 years or less

SOMMER SALES INC

Date Approved

07/20/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

SOMMER SALES INC

Borrower Address

7 Dian Circle

Borrower City

Chester

Borrower State

VT

Borrower Zip

05143

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29300.00

Current Approval Amount

29300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43126

Servicing Lender Name

Mascoma Bank

Servicing Lender Address

67 N Park St

Servicing Lender City

LEBANON

Servicing Lender State

NH

Servicing Lender Zip

03766-1317

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Chester

Project County Name

WINDSOR

Project State

VT

Project Zip

05143-0001

CD

VT-

Jobs Reported

3

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29300.00

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

Subchapter S Corporation

Originating Lender Location Id

43126

Originating Lender

Mascoma Bank

Originating Lender City

LEBANON

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29446.90

Forgiveness Date

01/25/2021

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