PPP Loan information for Sormac corporation

$105,639

Sormac corporation was initially approved for PPP Loan of amount $105,639, the current approved amount is $105,639. The loan was approved on 02/09/2021 by The Old National Bank reported 10 jobs and $105,639 was used to fund payroll.

Sormac corporation is Existing or more than 2 years old

PPP Loan Search / IN / Bloomington / Sormac corporation

SORMAC CORPORATION

Date Approved

02/09/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SORMAC CORPORATION

Borrower Address

532 S Walnut St

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47401-4618

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105638.75

Current Approval Amount

105638.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47401-4618

CD

IN-09

Jobs Reported

10

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

105636.75

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106049.73

Forgiveness Date

07/06/2021

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