PPP Loan information for Somic america inc.

$204,100

Somic america inc. was initially approved for PPP Loan of amount $205,200, the current approved amount is $204,100. The loan was approved on 04/29/2020 by The Choice Financial Group reported 12 jobs and $204,100 was used to fund payroll.

Somic america inc. is Existing or more than 2 years old

SOMIC AMERICA INC.

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

N

Business Age Description

Existing or more than 2 years old

Project City

EAGAN

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-0001

CD

MN-02

Jobs Reported

12

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

204100.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205732.80

Forgiveness Date

02/23/2021

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