PPP Loan information for Somatex inc.

$449,832

Somatex inc. was initially approved for PPP Loan of amount $449,832, the current approved amount is $449,832. The loan was approved on 02/10/2021 by The Bar Harbor Bank & Trust reported 36 jobs and $449,832 was used to fund payroll.

Somatex inc. is Existing or more than 2 years old

PPP Loan Search / ME / Detroit / Somatex inc.

SOMATEX INC.

Date Approved

02/10/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

SOMATEX INC.

Borrower Address

70 North Rd

Borrower City

Detroit

Borrower State

ME

Borrower Zip

04929-3227

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

449832.00

Current Approval Amount

449832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

SOMERSET

Project State

ME

Project Zip

04929-3227

CD

ME-02

Jobs Reported

36

NAICS Code

333923

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

449828.00

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

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

452268.59

Forgiveness Date

08/27/2021

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