PPP Loan information for Soma oil

$115,520

Soma oil was initially approved for PPP Loan of amount $115,520, the current approved amount is $115,520. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 8 jobs and $115,520 was used to fund payroll.

Soma oil is New Business or 2 years or less

SOMA OIL

Date Approved

04/30/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

SOMA OIL

Borrower Address

150 West Commonwealth Avenue

Borrower City

South Salt Lake

Borrower State

UT

Borrower Zip

84115

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115520.00

Current Approval Amount

115520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

South Salt Lake

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-1200

CD

UT-02

Jobs Reported

8

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86640.00

Mortgage Interest Proceed

0.00

Rent Proceed

28880.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

117235.39

Forgiveness Date

10/26/2021

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