PPP Loan information for Somnath inc

$54,134

Somnath inc was initially approved for PPP Loan of amount $54,134, the current approved amount is $54,134. The loan was approved on 02/25/2021 by The Northwest Community Bank reported 7 jobs and $54,134 was used to fund payroll.

Somnath inc is Existing or more than 2 years old

PPP Loan Search / CT / East Hartford / Somnath inc

SOMNATH INC

Date Approved

02/25/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

SOMNATH INC

Borrower Address

490 Main St

Borrower City

East Hartford

Borrower State

CT

Borrower Zip

06118-1034

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54134.00

Current Approval Amount

54134.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

16533

Servicing Lender Name

Northwest Community Bank

Servicing Lender Address

86 Main St

Servicing Lender City

WINSTED

Servicing Lender State

CT

Servicing Lender Zip

06098-1711

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Hartford

Project County Name

HARTFORD

Project State

CT

Project Zip

06118-1034

CD

CT-01

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54131.00

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

16533

Originating Lender

Northwest Community Bank

Originating Lender City

WINSTED

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54568.56

Forgiveness Date

12/23/2021

;