Sorlien Electric Inc.
$585,240 PPP Loan in Tea, South Dakota
Loan Details
- Loan Number
- 1612597100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $585,240
- Current Approval
- $585,240
- Forgiveness Amount
- $588,540
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sorlien Electric Inc.
- Address
- 46946 100th St South
- City
- Tea
- State
- South Dakota
- ZIP Code
- 57064-8127
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 61
- Estimated Revenue
- $20.1M
- Rural/Urban
- Urban
- Congressional District
- SD-
Loan Use Breakdown
- Payroll
- $585,240
Lender Information
- Servicing Lender
- Merchants State Bank
- Originating Lender
- Merchants State Bank
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