PPP Loan information for Somilat

$65,405

Somilat was initially approved for PPP Loan of amount $65,405, the current approved amount is $65,405. The loan was approved on 04/15/2020 by The St. Clair State Bank Incorporated reported 12 jobs and $65,405 was used to fund payroll.

Somilat is Existing or more than 2 years old

SOMILAT

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOMILAT

Borrower Address

15399 615th Avenue

Borrower City

Mapleton

Borrower State

MN

Borrower Zip

56065

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65405.00

Current Approval Amount

65405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38820

Servicing Lender Name

St. Clair State Bank Incorporated

Servicing Lender Address

100 Main St West

Servicing Lender City

SAINT CLAIR

Servicing Lender State

MN

Servicing Lender Zip

56080

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mapleton

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56065-0001

CD

MN-01

Jobs Reported

12

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65405.00

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

38820

Originating Lender

St. Clair State Bank Incorporated

Originating Lender City

SAINT CLAIR

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65888.82

Forgiveness Date

01/20/2021

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