Date Approved
04/05/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
VILLA SORRENTO, INC
Borrower Address
140 AZALEA CIR
Borrower City
BANNER ELK
Borrower State
NC
Borrower Zip
28604-7386
Loan Status Date
05/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
192874.60
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67108
Servicing Lender Name
Bank of Tennessee
Servicing Lender Address
301 E Center St
Servicing Lender City
KINGSPORT
Servicing Lender State
TN
Servicing Lender Zip
37660-4801
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
AVERY
Project State
Project Zip
CD
NC-05
Jobs Reported
30
NAICS Code
722511
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
Veteran
Non Profit
Forgiveness Amount
194889.07
Forgiveness Date
04/27/2021