PPP Loan information for Somos, inc.

$1,967,797

Somos, inc. was initially approved for PPP Loan of amount $2,267,797, the current approved amount is $1,967,797. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 113 jobs and $1,967,797 was used to fund payroll.

Somos, inc. is Existing or more than 2 years old

SOMOS, INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMOS, INC.

Borrower Address

2 Tower Center Blvd, 20th Fl. 0.0

Borrower City

East Brunswick

Borrower State

NJ

Borrower Zip

08816-1100

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2267797.00

Current Approval Amount

1967797.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-1100

CD

NJ-12

Jobs Reported

113

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1706436.48

Mortgage Interest Proceed

0.00

Rent Proceed

186810.46

Refinance EIDL Proceed

0.00

Health Care Proceed

74550.06

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1997259.29

Forgiveness Date

10/13/2021

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