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Somatex, Inc.

$619,300 PPP Loan in Detroit, Maine

Loan Details

Loan Number
6536307007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$619,300
Current Approval
$619,300
Forgiveness Amount
$624,616
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Somatex, Inc.
Address
70 North Road
City
Detroit
State
Maine
ZIP Code
04929-3227
Business Type
Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.4M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$619,300

Lender Information

Servicing Lender
Bar Harbor Bank & Trust
Originating Lender
Bar Harbor Bank & Trust

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