PPP Loan information for Somatic motion, inc

$3,000

Somatic motion, inc was initially approved for PPP Loan of amount $3,000, the current approved amount is $3,000. The loan was approved on 07/09/2020 by The Nantahala Bank & Trust Company reported 1 jobs and $3,000 was used to fund payroll.

Somatic motion, inc is Existing or more than 2 years old

SOMATIC MOTION, INC

Date Approved

07/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOMATIC MOTION, INC

Borrower Address

27 BENTWOOD DR

Borrower City

FRANKLIN

Borrower State

NC

Borrower Zip

28734-8825

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3000.00

Current Approval Amount

3000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

398145

Servicing Lender Name

Nantahala Bank & Trust Company

Servicing Lender Address

120 Siler Rd

Servicing Lender City

FRANKLIN

Servicing Lender State

NC

Servicing Lender Zip

28734-1985

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

MACON

Project State

NC

Project Zip

28734-8825

CD

NC-11

Jobs Reported

1

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3000.00

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

398145

Originating Lender

Nantahala Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3015.00

Forgiveness Date

01/07/2021

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