Date Approved
04/05/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SOMA ENTERPRISES LLC
Borrower Address
4705 OLD ORCHARD TRL
Borrower City
ORCHARD LAKE
Borrower State
MI
Borrower Zip
48324-3048
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
277400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Taco Bell
Servicing Lender Location Id
33734
Servicing Lender Name
Eastern Michigan Bank
Servicing Lender Address
65 N Howard Ave
Servicing Lender City
CROSWELL
Servicing Lender State
Servicing Lender Zip
48422-1222
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
90
NAICS Code
722513
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
9000.00
Payroll Proceed
245000.00
Mortgage Interest Proceed
7400.00
Rent Proceed
16000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
279748.40
Forgiveness Date
02/18/2021