PPP Loan information for Sorrelli, inc.

$321,885

Sorrelli, inc. was initially approved for PPP Loan of amount $321,885, the current approved amount is $321,885. The loan was approved on 01/21/2021 by The Orrstown Bank reported 45 jobs and $321,885 was used to fund payroll.

Sorrelli, inc. is Existing or more than 2 years old

SORRELLI, INC.

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SORRELLI, INC.

Borrower Address

125 W Main St

Borrower City

Kutztown

Borrower State

PA

Borrower Zip

19530-1711

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321885.00

Current Approval Amount

321885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kutztown

Project County Name

BERKS

Project State

PA

Project Zip

19530-1711

CD

PA-04

Jobs Reported

45

NAICS Code

315990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

321884.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324407.17

Forgiveness Date

11/10/2021

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