# PPP loan: VILLA SORRENTO, INC
> **$193K** approved 04/05/2020 · Paid in Full · Loan `5482927004`
## Borrower
- **Name:** VILLA SORRENTO, INC
- **Address:** 140 AZALEA CIR, BANNER ELK, NC, 28604-7386
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 30
## Lender
- **Originating:** Bank of Tennessee
- **Servicing:** Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*