Date Approved
04/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SOMIC AMERICA INC.
Borrower Address
500 LONE OAK ROAD, Ste 200
Borrower City
EAGAN
Borrower State
MN
Borrower Zip
55121
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
205200.00
Current Approval Amount
204100.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52934
Servicing Lender Name
Choice Financial Group
Servicing Lender Address
4501 23rd Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58104-8782
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
55121-0001
CD
MN-02
Jobs Reported
12
NAICS Code
336390
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
205732.80
Forgiveness Date
02/23/2021