PPP Loan information for Somatdary inc

$571,000

Somatdary inc was initially approved for PPP Loan of amount $571,000, the current approved amount is $571,000. The loan was approved on 04/14/2020 by The United Business Bank reported 79 jobs and $571,000 was used to fund payroll.

Somatdary inc is Existing or more than 2 years old

SOMATDARY INC

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SOMATDARY INC

Borrower Address

10936 S LA CIENEGA BLVD

Borrower City

INGLEWOOD

Borrower State

CA

Borrower Zip

90304-1105

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

571000.00

Current Approval Amount

571000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378915

Servicing Lender Name

United Business Bank

Servicing Lender Address

500 Ygnacio Valley Rd, Ste 200

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3845

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INGLEWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90304-1105

CD

CA-43

Jobs Reported

79

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

571000.00

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

378915

Originating Lender

United Business Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

579463.32

Forgiveness Date

10/18/2021

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