The Sommers Group

$50,200 PPP Loan in Aberdeen, South Dakota

Loan Details

Loan Number
6703407109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$50,200
Current Approval
$50,200
Forgiveness Amount
$50,775
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Sommers Group
Address
424 N 4th Street
ZIP Code
57401-2728
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$40,200
Rent
$5,000
Utilities
$5,000

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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