PPP Loan information for Sorrento restaurant

$163,380

Sorrento restaurant was initially approved for PPP Loan of amount $163,380, the current approved amount is $163,380. The loan was approved on 02/22/2021 by The Citizens Bank, National Association reported 22 jobs and $163,380 was used to fund payroll.

Sorrento restaurant is Existing or more than 2 years old

SORRENTO RESTAURANT

Date Approved

02/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SORRENTO RESTAURANT

Borrower Address

1848 Smith St

Borrower City

North Providence

Borrower State

RI

Borrower Zip

02911-1952

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163380.00

Current Approval Amount

163380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02911-1952

CD

RI-01

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

163377.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164346.85

Forgiveness Date

09/29/2021

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