PPP Loan information for Sowder design & development, inc.

$211,946

Sowder design & development, inc. was initially approved for PPP Loan of amount $211,946, the current approved amount is $211,946. The loan was approved on 04/14/2020 by The New Market Bank reported 17 jobs and $211,946 was used to fund payroll.

Sowder design & development, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Sowder design & development, inc.

SOWDER DESIGN & DEVELOPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOWDER DESIGN & DEVELOPMENT, INC.

Borrower Address

17125 ADELMANN ST SE

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-3949

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211946.00

Current Approval Amount

211946.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-3949

CD

MN-02

Jobs Reported

17

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

211946.00

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

Corporation

Originating Lender Location Id

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213717.06

Forgiveness Date

02/22/2021

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