PPP Loan information for Sorum oil co.

$14,500

Sorum oil co. was initially approved for PPP Loan of amount $14,500, the current approved amount is $14,500. The loan was approved on 04/27/2020 by The Dakota Heritage Bank reported 3 jobs and $14,500 was used to fund payroll.

Sorum oil co. is Existing or more than 2 years old

PPP Loan Search / ND / HILLSBORO / Sorum oil co.

SORUM OIL CO.

Date Approved

04/27/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SORUM OIL CO.

Borrower Address

106 1st St NE PO Box 125

Borrower City

HILLSBORO

Borrower State

ND

Borrower Zip

58045-9999

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14500.00

Current Approval Amount

14500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBORO

Project County Name

TRAILL

Project State

ND

Project Zip

58045-9999

CD

ND-

Jobs Reported

3

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14500.00

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

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14600.51

Forgiveness Date

01/07/2021

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