PPP Loan information for Sowon inc

$162,517

Sowon inc was initially approved for PPP Loan of amount $162,518, the current approved amount is $162,517. The loan was approved on 04/15/2020 by The PromiseOne Bank reported 25 jobs and $162,517 was used to fund payroll.

Sowon inc is Existing or more than 2 years old

SOWON INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOWON INC

Borrower Address

2455 TOWNE LAKE PKWY

Borrower City

WOODSTOCK

Borrower State

GA

Borrower Zip

30189-5505

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162517.50

Current Approval Amount

162517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

461279

Servicing Lender Name

PromiseOne Bank

Servicing Lender Address

2385 Pleasant Hill Rd

Servicing Lender City

DULUTH

Servicing Lender State

GA

Servicing Lender Zip

30096-4323

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODSTOCK

Project County Name

CHEROKEE

Project State

GA

Project Zip

30189-5505

CD

GA-11

Jobs Reported

25

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162517.00

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

461279

Originating Lender

PromiseOne Bank

Originating Lender City

DULUTH

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163723.63

Forgiveness Date

01/20/2021

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