PPP Loan information for Sorlie acoustics, inc.

$139,141

Sorlie acoustics, inc. was initially approved for PPP Loan of amount $139,141, the current approved amount is $139,141. The loan was approved on 04/28/2020 by The Western National Bank reported 7 jobs and $139,141 was used to fund payroll.

Sorlie acoustics, inc. is Existing or more than 2 years old

SORLIE ACOUSTICS, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SORLIE ACOUSTICS, INC.

Borrower Address

4729 Martin Rd

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55803

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139141.00

Current Approval Amount

139141.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36821

Servicing Lender Name

Western National Bank

Servicing Lender Address

201 N Central Ave

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55803-1100

CD

MN-08

Jobs Reported

7

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3141.00

Payroll Proceed

130000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36821

Originating Lender

Western National Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139859.90

Forgiveness Date

11/03/2020

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