# PPP loan: SOBIESKI CONSOLIDATED INC
> **$5.12M** approved 04/14/2020 · Paid in Full · Loan `7707027104`
## Borrower
- **Name:** SOBIESKI CONSOLIDATED INC
- **Address:** 1325 Old Coochs Bridge Road, Newark, DE, 19713
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.12M
- **Initial approval:** $5.12M
- **Forgiven:** $5.18M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.70M
- **Rent:** $60K
- **Mortgage interest:** $35K
- **Utilities:** $10K
- **Health care:** $300K
- **Debt interest:** $15K
- **Jobs reported:** 370
## 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*