PPP Loan information for Somsnith group, inc.

$82,400

Somsnith group, inc. was initially approved for PPP Loan of amount $82,400, the current approved amount is $82,400. The loan was approved on 04/28/2020 by The Live Oak Banking Company reported 19 jobs and $82,400 was used to fund payroll.

Somsnith group, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Wilmington / Somsnith group, inc.

SOMSNITH GROUP, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOMSNITH GROUP, INC.

Borrower Address

880 Town Center Dr

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28405

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82400.00

Current Approval Amount

82400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-0001

CD

NC-07

Jobs Reported

19

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82400.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83546.83

Forgiveness Date

09/21/2021

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