Sorg South, Inc.

$173,900 PPP Loan in Warsaw, Indiana

Loan Details

Loan Number
5959847002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$173,900
Current Approval
$173,900
Forgiveness Amount
$175,426
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorg South, Inc.
Address
2845 N Detroit St
City
Warsaw
State
Indiana
ZIP Code
46582-2277
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$139,121
Rent
$10,000
Utilities
$6,994
Health Care
$17,785

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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