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Sorensen Motors, Inc.

$17,300 PPP Loan in Bagley, Minnesota

Loan Details

Loan Number
8529057201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$17,300
Current Approval
$17,300
Forgiveness Amount
$17,419
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorensen Motors, Inc.
Address
1943 Central St. W
City
Bagley
State
Minnesota
ZIP Code
56621-4244
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$17,300

Lender Information

Servicing Lender
The First National Bank of Bagley
Originating Lender
The First National Bank of Bagley

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