PPP Loan information for Sorrento restaurant

$116,700

Sorrento restaurant was initially approved for PPP Loan of amount $116,700, the current approved amount is $116,700. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 22 jobs and $116,700 was used to fund payroll.

Sorrento restaurant is Existing or more than 2 years old

SORRENTO RESTAURANT

Date Approved

04/15/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SORRENTO RESTAURANT

Borrower Address

1848 Smith St

Borrower City

North Providence

Borrower State

RI

Borrower Zip

02911

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116700.00

Current Approval Amount

116700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02911-0001

CD

RI-01

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117310.68

Forgiveness Date

11/05/2020

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