PPP Loan information for Somarakis inc.

$151,000

Somarakis inc. was initially approved for PPP Loan of amount $151,000, the current approved amount is $151,000. The loan was approved on 01/20/2021 by The Mid Penn Bank reported 32 jobs and $151,000 was used to fund payroll.

Somarakis inc. is Existing or more than 2 years old

SOMARAKIS INC.

Date Approved

01/20/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

SOMARAKIS INC.

Borrower Address

552 Hendrickson Dr

Borrower City

Kalama

Borrower State

WA

Borrower Zip

98625-9650

Loan Status Date

02/10/2021

Loan Status

Charged Off

Term

46

SBA Guaranty Percentage

100

Initial Approval Amount

151000.00

Current Approval Amount

151000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalama

Project County Name

COWLITZ

Project State

WA

Project Zip

98625-9650

CD

WA-03

Jobs Reported

32

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151000.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;