# PPP loan: ROBERT W. SORENSEN CONSTRUCTION CO.
> **$201K** approved 04/15/2020 · Paid in Full · Loan `8794857108`
## Borrower
- **Name:** ROBERT W. SORENSEN CONSTRUCTION CO.
- **Address:** 2500 W 24TH ST, KEARNEY, NE, 68845-5180
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Mortgage interest:** $25K
- **Utilities:** $1K
- **Jobs reported:** 19
## Lender
- **Originating:** NebraskaLand Bank
- **Servicing:** NebraskaLand Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*