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Somic America Inc.

$205,200 PPP Loan in Eagan, Minnesota

Loan Details

Loan Number
2789977303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$205,200
Current Approval
$204,100
Forgiveness Amount
$205,733
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Somic America Inc.
Address
500 Lone Oak Road, Ste 200
City
Eagan
State
Minnesota
ZIP Code
55121
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$204,100

Lender Information

Servicing Lender
Choice Financial Group
Originating Lender
Choice Financial Group

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