PPP Loan information for Somalabs inc.

$56,090

Somalabs inc. was initially approved for PPP Loan of amount $56,090, the current approved amount is $56,090. The loan was approved on 03/10/2021 by The Cambridge Savings Bank reported 6 jobs and $56,090 was used to fund payroll.

Somalabs inc. is Existing or more than 2 years old

PPP Loan Search / VT / Fairfax / Somalabs inc.

SOMALABS INC.

Date Approved

03/10/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

SOMALABS INC.

Borrower Address

308 Industrial Park Rd

Borrower City

Fairfax

Borrower State

VT

Borrower Zip

05454-4414

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56090.25

Current Approval Amount

56090.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfax

Project County Name

FRANKLIN

Project State

VT

Project Zip

05454-4414

CD

VT-

Jobs Reported

6

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56090.25

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56721.84

Forgiveness Date

04/27/2022

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