PPP Loan information for Sorela llc

$19,776

Sorela llc was initially approved for PPP Loan of amount $19,776, the current approved amount is $19,776. The loan was approved on 05/18/2020 by The Valley National Bank reported 4 jobs and $19,776 was used to fund payroll.

Sorela llc is New Business or 2 years or less

SORELA LLC

Date Approved

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SORELA LLC

Borrower Address

590 SHREWSBURY AVENUE

Borrower City

TINTON FALLS

Borrower State

NJ

Borrower Zip

07701

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19776.00

Current Approval Amount

19776.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TINTON FALLS

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-0001

CD

NJ-06

Jobs Reported

4

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19776.00

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

Sole Proprietorship

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19959.48

Forgiveness Date

04/20/2021

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