PPP Loan information for Sorbara construction corp.

$2,274,541

Sorbara construction corp. was initially approved for PPP Loan of amount $2,754,565, the current approved amount is $2,274,541. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 19 jobs and $2,274,541 was used to fund payroll.

Sorbara construction corp. is Existing or more than 2 years old

SORBARA CONSTRUCTION CORP.

Date Approved

04/15/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

SORBARA CONSTRUCTION CORP.

Borrower Address

270 Broadway

Borrower City

Lynbrook

Borrower State

NY

Borrower Zip

11563

Loan Status Date

12/17/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

2754565.00

Current Approval Amount

2274541.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynbrook

Project County Name

NASSAU

Project State

NY

Project Zip

11563-0001

CD

NY-04

Jobs Reported

19

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2274541.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1559688.13

Forgiveness Date

07/26/2022

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