PPP Loan information for Somitex, l.l.c.

$162,407

Somitex, l.l.c. was initially approved for PPP Loan of amount $162,407, the current approved amount is $162,407. The loan was approved on 02/05/2021 by The Central Bank reported 14 jobs and $162,407 was used to fund payroll.

Somitex, l.l.c. is Existing or more than 2 years old

PPP Loan Search / MN / Woodbury / Somitex, l.l.c.

SOMITEX, L.L.C.

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SOMITEX, L.L.C.

Borrower Address

9840 Norma Ln

Borrower City

Woodbury

Borrower State

MN

Borrower Zip

55125-4835

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162407.00

Current Approval Amount

162407.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodbury

Project County Name

WASHINGTON

Project State

MN

Project Zip

55125-4835

CD

MN-04

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162407.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

163561.89

Forgiveness Date

10/27/2021

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