# PPP loan: SORBARA CONSTRUCTION CORP.
> **$2.27M** approved 04/15/2020 · Paid in Full · Loan `1188337201`
## Borrower
- **Name:** SORBARA CONSTRUCTION CORP.
- **Address:** 270 Broadway, Lynbrook, NY, 11563
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.27M
- **Initial approval:** $2.75M
- **Forgiven:** $1.56M (69%)
- **Forgiveness date:** 07/26/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.27M
- **Jobs reported:** 19
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*