PPP Loan information for Sonmar of fargo inc.

$137,533

Sonmar of fargo inc. was initially approved for PPP Loan of amount $137,533, the current approved amount is $137,533. The loan was approved on 01/27/2021 by The First Community CU reported 18 jobs and $137,533 was used to fund payroll.

Sonmar of fargo inc. is Existing or more than 2 years old

SONMAR OF FARGO INC.

Date Approved

01/27/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

SONMAR OF FARGO INC.

Borrower Address

1831 Ndsu Research Park Dr N

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58102-5704

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137532.50

Current Approval Amount

137532.50

Undisbursed Amount

0.00

Franchise Name

Candlewood Suites

Servicing Lender Location Id

102489

Servicing Lender Name

First Community CU

Servicing Lender Address

111 9th St SW

Servicing Lender City

JAMESTOWN

Servicing Lender State

ND

Servicing Lender Zip

58401-4645

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58102-5704

CD

ND-

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

137529.50

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

102489

Originating Lender

First Community CU

Originating Lender City

JAMESTOWN

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138508.42

Forgiveness Date

10/25/2021

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