PPP Loan information for Sorrelli, inc.

$346,900

Sorrelli, inc. was initially approved for PPP Loan of amount $346,900, the current approved amount is $346,900. The loan was approved on 04/04/2020 by The Orrstown Bank reported 55 jobs and $346,900 was used to fund payroll.

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

SORRELLI, INC.

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

346900.00

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

55

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

346900.00

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

Subchapter S 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

349095.45

Forgiveness Date

12/02/2020

;