# PPP loan: SOMERA CAPITAL MANAGEMENT LLC
> **$160K** approved 04/11/2021 · Paid in Full · Loan `2052128809`
## Borrower
- **Name:** SOMERA CAPITAL MANAGEMENT LLC
- **Address:** 115 W Canon Perdido St, Santa Barbara, CA, 93101-3210
- **NAICS:** 531190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*