PPP Loan information for Sorrell insurance agency, inc.

$33,575

Sorrell insurance agency, inc. was initially approved for PPP Loan of amount $33,575, the current approved amount is $33,575. The loan was approved on 04/30/2020 by The Shore United Bank, National Association reported 3 jobs and $33,575 was used to fund payroll.

Sorrell insurance agency, inc. is Existing or more than 2 years old

SORRELL INSURANCE AGENCY, INC.

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SORRELL INSURANCE AGENCY, INC.

Borrower Address

298 Aquahart Rd, Suite 228

Borrower City

Glen Burnie

Borrower State

MD

Borrower Zip

21061

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33575.00

Current Approval Amount

33575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Burnie

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21061-0312

CD

MD-03

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33575.00

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

Subchapter S Corporation

Originating Lender Location Id

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

33869.71

Forgiveness Date

03/22/2021

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