PPP Loan information for Somers trust

$100,000

Somers trust was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 12 jobs and $100,000 was used to fund payroll.

Somers trust is Existing or more than 2 years old

PPP Loan Search / MA / North Andover / Somers trust

SOMERS TRUST

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOMERS TRUST

Borrower Address

873 Turnpike Street

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-0001

CD

MA-06

Jobs Reported

12

NAICS Code

621330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101094.44

Forgiveness Date

06/10/2021

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