PPP Loan information for Sorrento lumber co., inc.

$2,035,585

Sorrento lumber co., inc. was initially approved for PPP Loan of amount $2,035,585, the current approved amount is $2,035,585. The loan was approved on 05/01/2020 by The Hancock Whitney Bank reported 170 jobs and $2,035,585 was used to fund payroll.

Sorrento lumber co., inc. is Existing or more than 2 years old

PPP Loan Search / LA / SORRENTO / Sorrento lumber co., inc.

SORRENTO LUMBER CO., INC.

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SORRENTO LUMBER CO., INC.

Borrower Address

9563 AIRLINE HWY

Borrower City

SORRENTO

Borrower State

LA

Borrower Zip

70778

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2035585.00

Current Approval Amount

2035585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SORRENTO

Project County Name

ASCENSION

Project State

LA

Project Zip

70778-0001

CD

LA-06

Jobs Reported

170

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2035585.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2058598.42

Forgiveness Date

06/18/2021

;