PPP Loan information for Somnetics international, inc.

$582,100

Somnetics international, inc. was initially approved for PPP Loan of amount $582,100, the current approved amount is $582,100. The loan was approved on 04/09/2020 by The Choice Financial Group reported 45 jobs and $582,100 was used to fund payroll.

Somnetics international, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Fridley / Somnetics international, inc.

SOMNETICS INTERNATIONAL, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOMNETICS INTERNATIONAL, INC.

Borrower Address

103 Osborne Road NE

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-3131

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582100.00

Current Approval Amount

582100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-3131

CD

MN-05

Jobs Reported

45

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582100.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

585257.69

Forgiveness Date

11/03/2020

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