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Sorenson Electric INC

$22,800 PPP Loan in Malvern, Iowa

Loan Details

Loan Number
6670877004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$22,800
Current Approval
$22,800
Forgiveness Amount
$22,929
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorenson Electric INC
Address
31188 Jahnke Ave
City
Malvern
State
Iowa
ZIP Code
51551-5162
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$22,800

Lender Information

Servicing Lender
Malvern Bank
Originating Lender
Malvern Bank

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