PPP Loan information for Sothon corporation

$14,661

Sothon corporation was initially approved for PPP Loan of amount $14,661, the current approved amount is $14,661. The loan was approved on 03/27/2021 by The First Independent Bank reported 4 jobs and $14,661 was used to fund payroll.

Sothon corporation is Existing or more than 2 years old

SOTHON CORPORATION

Date Approved

03/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SOTHON CORPORATION

Borrower Address

1209 Prospect Rd

Borrower City

Marshall

Borrower State

MN

Borrower Zip

56258-2066

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14661.00

Current Approval Amount

14661.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marshall

Project County Name

LYON

Project State

MN

Project Zip

56258-2066

CD

MN-07

Jobs Reported

4

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

14659.00

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

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14769.33

Forgiveness Date

12/22/2021

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