PPP Loan information for Sumo inc

$430,643

Sumo inc was initially approved for PPP Loan of amount $430,643, the current approved amount is $430,643. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 74 jobs and $430,643 was used to fund payroll.

Sumo inc is Existing or more than 2 years old

SUMO INC

Date Approved

01/29/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SUMO INC

Borrower Address

2801 Red Wolf Blvd

Borrower City

Jonesboro

Borrower State

AR

Borrower Zip

72401-7427

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

430643.00

Current Approval Amount

430643.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jonesboro

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-7427

CD

AR-01

Jobs Reported

74

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

430641.00

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

435244.39

Forgiveness Date

03/02/2022

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