PPP Loan information for Sorbent technologies inc

$159,239

Sorbent technologies inc was initially approved for PPP Loan of amount $159,239, the current approved amount is $159,239. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $159,239 was used to fund payroll.

Sorbent technologies inc is Existing or more than 2 years old

PPP Loan Search / GA / NORCROSS / Sorbent technologies inc

SORBENT TECHNOLOGIES INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SORBENT TECHNOLOGIES INC

Borrower Address

5955 PEACHTREE CORS E # A

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30071-1337

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159239.00

Current Approval Amount

159239.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30071-1337

CD

GA-07

Jobs Reported

15

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159239.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150064.93

Forgiveness Date

11/24/2020

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