Somnetics International, Inc.

$582,100 PPP Loan in Fridley, Minnesota

Loan Details

Loan Number
9176637000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$582,100
Current Approval
$582,100
Forgiveness Amount
$585,258
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Somnetics International, Inc.
Address
103 Osborne Road NE
ZIP Code
55432-3131
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$582,100

Lender Information

Servicing Lender
Choice Financial Group
Originating Lender
Choice Financial Group

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