PPP Loan information for Sorrento acquisition llc

$1,579,083

Sorrento acquisition llc was initially approved for PPP Loan of amount $1,579,083, the current approved amount is $1,579,083. The loan was approved on 04/15/2020 by The Northwest Bank reported 418 jobs and $1,579,083 was used to fund payroll.

Sorrento acquisition llc is Existing or more than 2 years old

SORRENTO ACQUISITION LLC

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SORRENTO ACQUISITION LLC

Borrower Address

3740 Euclid Avenue

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44115

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1579082.50

Current Approval Amount

1579082.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44115-0001

CD

OH-11

Jobs Reported

418

NAICS Code

561612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1579082.50

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

Limited Liability Partnership

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1591542.11

Forgiveness Date

02/12/2021

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