PPP Loan information for Somatex, inc.

$619,300

Somatex, inc. was initially approved for PPP Loan of amount $619,300, the current approved amount is $619,300. The loan was approved on 04/07/2020 by The Bar Harbor Bank & Trust reported 36 jobs and $619,300 was used to fund payroll.

Somatex, inc. is Existing or more than 2 years old

SOMATEX, INC.

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SOMATEX, INC.

Borrower Address

70 North Road

Borrower City

DETROIT

Borrower State

ME

Borrower Zip

04929-3227

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619300.00

Current Approval Amount

619300.00

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

0.00

Payroll Proceed

619300.00

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

624615.66

Forgiveness Date

02/18/2021

;