PPP Loan information for Somar communications inc

$50,213

Somar communications inc was initially approved for PPP Loan of amount $50,213, the current approved amount is $50,213. The loan was approved on 01/21/2021 by The WesBanco Bank, Inc. reported 6 jobs and $50,213 was used to fund payroll.

Somar communications inc is Existing or more than 2 years old

PPP Loan Search / MD / Mechanicsville / Somar communications inc

SOMAR COMMUNICATIONS INC

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SOMAR COMMUNICATIONS INC

Borrower Address

28095 Three Notch Rd Ste 2B

Borrower City

Mechanicsville

Borrower State

MD

Borrower Zip

20659-3373

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50212.50

Current Approval Amount

50212.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mechanicsville

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20659-3373

CD

MD-05

Jobs Reported

6

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50209.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50725.63

Forgiveness Date

02/01/2022

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