PPP Loan information for Somnath corp

$64,575

Somnath corp was initially approved for PPP Loan of amount $111,458, the current approved amount is $64,575. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 17 jobs and $64,575 was used to fund payroll.

Somnath corp is Existing or more than 2 years old

PPP Loan Search / MD / LAUREL / Somnath corp

SOMNATH CORP

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SOMNATH CORP

Borrower Address

5701 SANDY SPRING RD

Borrower City

LAUREL

Borrower State

MD

Borrower Zip

20707-2937

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111458.05

Current Approval Amount

64575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-2937

CD

MD-04

Jobs Reported

17

NAICS Code

445310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64575.00

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

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65325.13

Forgiveness Date

06/22/2021

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