Soma Oil

$115,520 PPP Loan in South Salt Lake, Utah

Loan Details

Loan Number
7221337310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$115,520
Current Approval
$115,520
Forgiveness Amount
$117,235
Forgiveness Date
Oct 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Soma Oil
Address
150 West Commonwealth Avenue
State
Utah
ZIP Code
84115
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339999)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$86,640
Rent
$28,880

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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