Sorensen Auto Finance, INC

$37,500 PPP Loan in Shenandoah, Iowa

Loan Details

Loan Number
5964647006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$37,500
Current Approval
$37,500
Forgiveness Amount
$37,751
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorensen Auto Finance, INC
Address
1100 1/2 W Sheridan Ave
State
Iowa
ZIP Code
51601-1552
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (525990)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$36,500
Utilities
$500
Health Care
$500

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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