PPP Loan information for Soma enterprises llc

$277,400

Soma enterprises llc was initially approved for PPP Loan of amount $277,400, the current approved amount is $277,400. The loan was approved on 04/05/2020 by The Eastern Michigan Bank reported 90 jobs and $277,400 was used to fund payroll.

Soma enterprises llc is Existing or more than 2 years old

SOMA ENTERPRISES LLC

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

277400.00

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

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORCHARD LAKE

Project County Name

OAKLAND

Project State

MI

Project Zip

48324-3048

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

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279748.40

Forgiveness Date

02/18/2021

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