PPP Loan information for Somarica inc

$60,000

Somarica inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/14/2020 by The Customers Bank reported 4 jobs and $60,000 was used to fund payroll.

Somarica inc is Existing or more than 2 years old

PPP Loan Search / MN / Mankato / Somarica inc

SOMARICA INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOMARICA INC

Borrower Address

132 Osprey Path

Borrower City

Mankato

Borrower State

MN

Borrower Zip

56001

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mankato

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-0002

CD

MN-01

Jobs Reported

4

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60489.86

Forgiveness Date

03/02/2021

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