PPP Loan information for Sotote, inc.

$136,795

Sotote, inc. was initially approved for PPP Loan of amount $136,795, the current approved amount is $136,795. The loan was approved on 07/14/2020 by The Bank of America, National Association reported 25 jobs and $136,795 was used to fund payroll.

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

SOTOTE, INC.

Date Approved

07/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOTOTE, INC.

Borrower Address

719 CONOVER BLVD W

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613-2923

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136795.00

Current Approval Amount

136795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONOVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-2923

CD

NC-10

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

136795.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138185.44

Forgiveness Date

07/22/2021

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