PPP Loan information for Magro sorrento llc

$60,222

Magro sorrento llc was initially approved for PPP Loan of amount $60,222, the current approved amount is $60,222. The loan was approved on 04/14/2020 by The Adirondack Bank reported 33 jobs and $60,222 was used to fund payroll.

Magro sorrento llc is Existing or more than 2 years old

PPP Loan Search / NY / ILION / Magro sorrento llc

MAGRO SORRENTO LLC

Date Approved

04/14/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

MAGRO SORRENTO LLC

Borrower Address

86 CENTRAL AVE

Borrower City

ILION

Borrower State

NY

Borrower Zip

13357-1222

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60222.00

Current Approval Amount

60222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120225

Servicing Lender Name

Adirondack Bank

Servicing Lender Address

185 Genesee St

Servicing Lender City

UTICA

Servicing Lender State

NY

Servicing Lender Zip

13501-2102

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ILION

Project County Name

HERKIMER

Project State

NY

Project Zip

13357-1222

CD

NY-21

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60222.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120225

Originating Lender

Adirondack Bank

Originating Lender City

UTICA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60745.02

Forgiveness Date

03/09/2021

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