Date Approved
04/04/2020
SBA Office Code
0303
Processing Method
PPP
Borrower Name
SORRELLI, INC.
Borrower Address
125 W Main St
Borrower City
KUTZTOWN
Borrower State
PA
Borrower Zip
19530-1711
Loan Status Date
12/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
346900.00
Current Approval Amount
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
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
Project County Name
BERKS
Project State
Project Zip
CD
PA-04
Jobs Reported
55
NAICS Code
315990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
349095.45
Forgiveness Date
12/02/2020