# PPP loan: SAGEMONT-BANNING LLC
> **$188K** approved 02/03/2021 · Paid in Full · Loan `2201628408`
## Borrower
- **Name:** SAGEMONT-BANNING LLC
- **Address:** 6071 Joshua Palmer Way, Banning, CA, 92220-3011
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*