Date Approved
04/30/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
SORRENTO, LLC
Borrower Address
1004 Crossroads Drive
Borrower City
Statesville
Borrower State
NC
Borrower Zip
28625
Loan Status Date
12/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
88847.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
223542
Servicing Lender Name
Celtic Bank Corporation
Servicing Lender Address
268 S State St, Ste 300
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-5314
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
IREDELL
Project State
Project Zip
28625-0045
CD
NC-10
Jobs Reported
34
NAICS Code
721199
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
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
90229.61
Forgiveness Date
11/26/2021