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

$119,000

Somitex, l.l.c. was initially approved for PPP Loan of amount $119,000, the current approved amount is $119,000. The loan was approved on 04/07/2020 by The Central Bank reported 20 jobs and $119,000 was used to fund payroll.

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

PPP Loan Search / SD / VERMILLION / Somitex, l.l.c.

SOMITEX, L.L.C.

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SOMITEX, L.L.C.

Borrower Address

PO BOX 423

Borrower City

VERMILLION

Borrower State

SD

Borrower Zip

57069-0423

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119000.00

Current Approval Amount

119000.00

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

VERMILLION

Project County Name

CLAY

Project State

SD

Project Zip

57069-0423

CD

SD-

Jobs Reported

20

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119000.00

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

119988.36

Forgiveness Date

02/10/2021

;