PPP Loan information for Somatdary incorporated

$572,117

Somatdary incorporated was initially approved for PPP Loan of amount $572,117, the current approved amount is $572,117. The loan was approved on 04/15/2021 by The Open Bank reported 79 jobs and $572,117 was used to fund payroll.

Somatdary incorporated is Existing or more than 2 years old

SOMATDARY INCORPORATED

Date Approved

04/15/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SOMATDARY INCORPORATED

Borrower Address

10936 S La Cienega Blvd

Borrower City

Inglewood

Borrower State

CA

Borrower Zip

90304-1105

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

572116.88

Current Approval Amount

572116.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434588

Servicing Lender Name

Open Bank

Servicing Lender Address

1000 Wilshire Blvd, Ste 500

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017-2462

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Inglewood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90304-1105

CD

CA-43

Jobs Reported

79

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

572116.88

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

434588

Originating Lender

Open Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

579123.35

Forgiveness Date

07/08/2022

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