PPP Loan information for Sorrells development corporation

$84,040

Sorrells development corporation was initially approved for PPP Loan of amount $84,040, the current approved amount is $84,040. The loan was approved on 04/06/2021 by The Alliance Bank Central Texas reported 5 jobs and $84,040 was used to fund payroll.

Sorrells development corporation is Existing or more than 2 years old

PPP Loan Search / TX / Waco / Sorrells development corporation

SORRELLS DEVELOPMENT CORPORATION

Date Approved

04/06/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

SORRELLS DEVELOPMENT CORPORATION

Borrower Address

513 Austin Avenue

Borrower City

Waco

Borrower State

TX

Borrower Zip

76701

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84039.61

Current Approval Amount

84039.61

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70518

Servicing Lender Name

Alliance Bank Central Texas

Servicing Lender Address

4721 Bosque Blvd

Servicing Lender City

WACO

Servicing Lender State

TX

Servicing Lender Zip

76710-4607

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waco

Project County Name

MCLENNAN

Project State

TX

Project Zip

76701

CD

TX-17

Jobs Reported

5

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84039.61

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

70518

Originating Lender

Alliance Bank Central Texas

Originating Lender City

WACO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85104.11

Forgiveness Date

07/14/2022

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