PPP Loan information for Sorella farms inc.

$9,800

Sorella farms inc. was initially approved for PPP Loan of amount $9,800, the current approved amount is $9,800. The loan was approved on 04/29/2020 by The Bank of the James reported 2 jobs and $9,800 was used to fund payroll.

Sorella farms inc. is New Business or 2 years or less

SORELLA FARMS INC.

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SORELLA FARMS INC.

Borrower Address

171 LITTLE LANE

Borrower City

EVINGTON

Borrower State

VA

Borrower Zip

24550

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9800.00

Current Approval Amount

9800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

EVINGTON

Project County Name

CAMPBELL

Project State

VA

Project Zip

24550-0001

CD

VA-05

Jobs Reported

2

NAICS Code

561920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9800.00

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

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2817.97

Forgiveness Date

12/21/2020

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