PPP Loan information for Somal business, inc.

$13,155

Somal business, inc. was initially approved for PPP Loan of amount $13,155, the current approved amount is $13,155. The loan was approved on 05/05/2020 by The The Bank of Princeton reported 2 jobs and $13,155 was used to fund payroll.

Somal business, inc. is Existing or more than 2 years old

SOMAL BUSINESS, INC.

Date Approved

05/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMAL BUSINESS, INC.

Borrower Address

19 Linden Lane

Borrower City

Plainsboro

Borrower State

NJ

Borrower Zip

08536

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13155.00

Current Approval Amount

13155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447226

Servicing Lender Name

The Bank of Princeton

Servicing Lender Address

183 Bayard Lane

Servicing Lender City

PRINCETON

Servicing Lender State

NJ

Servicing Lender Zip

08540-3044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainsboro

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08536-0001

CD

NJ-12

Jobs Reported

2

NAICS Code

447190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13155.00

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

Subchapter S Corporation

Originating Lender Location Id

447226

Originating Lender

The Bank of Princeton

Originating Lender City

PRINCETON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13376.08

Forgiveness Date

01/04/2022

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