PPP Loan information for Somang enterprise inc

$30,450

Somang enterprise inc was initially approved for PPP Loan of amount $30,450, the current approved amount is $30,450. The loan was approved on 05/11/2020 by The First Horizon Bank reported 6 jobs and $30,450 was used to fund payroll.

Somang enterprise inc is New Business or 2 years or less

SOMANG ENTERPRISE INC

Date Approved

05/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOMANG ENTERPRISE INC

Borrower Address

721 S MAIN STREET

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30450.00

Current Approval Amount

30450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-0015

CD

VA-05

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30450.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30943.97

Forgiveness Date

01/06/2022

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