PPP Loan information for Sorrel logistics corporation

$105,855

Sorrel logistics corporation was initially approved for PPP Loan of amount $105,855, the current approved amount is $105,855. The loan was approved on 04/28/2020 by The Citizens Bank, National Association reported 10 jobs and $105,855 was used to fund payroll.

Sorrel logistics corporation is Existing or more than 2 years old

SORREL LOGISTICS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SORREL LOGISTICS CORPORATION

Borrower Address

637 Inwood Lane

Borrower City

South Orange

Borrower State

NJ

Borrower Zip

07079

Loan Status Date

04/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105855.00

Current Approval Amount

105855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Orange

Project County Name

ESSEX

Project State

NJ

Project Zip

07079-0001

CD

NJ-11

Jobs Reported

10

NAICS Code

482111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105855.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96395.52

Forgiveness Date

11/23/2020

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