PPP Loan information for Soma llc

$32,500

Soma llc was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 01/22/2021 by The Iowa State Bank reported 6 jobs and $32,500 was used to fund payroll.

Soma llc is Existing or more than 2 years old

PPP Loan Search / IA / Algona / Soma llc

SOMA LLC

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SOMA LLC

Borrower Address

20 E State St

Borrower City

Algona

Borrower State

IA

Borrower Zip

50511-2640

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Algona

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2640

CD

IA-04

Jobs Reported

6

NAICS Code

812990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

32496.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32626.39

Forgiveness Date

06/15/2021

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