Soerens Ford INC

$989,500 PPP Loan in Brookfield, Wisconsin

Loan Details

Loan Number
8695267004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$989,500
Current Approval
$989,500
Forgiveness Amount
$997,308
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Soerens Ford INC
Address
18900 W Capitol Dr
ZIP Code
53045-2701
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$24.2M
Rural/Urban
Urban
Congressional District
WI-05

Loan Use Breakdown

Payroll
$742,125
Utilities
$123,688
Mortgage Interest
$123,688

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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