PPP Loan information for Somerset collision llc

$52,000

Somerset collision llc was initially approved for PPP Loan of amount $52,000, the current approved amount is $52,000. The loan was approved on 04/12/2020 by The MidWestOne Bank reported 7 jobs and $52,000 was used to fund payroll.

Somerset collision llc is Existing or more than 2 years old

SOMERSET COLLISION LLC

Date Approved

04/12/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOMERSET COLLISION LLC

Borrower Address

619 Spring Street

Borrower City

SOMERSET

Borrower State

WI

Borrower Zip

54025-9007

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52000.00

Current Approval Amount

52000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SAINT CROIX

Project State

WI

Project Zip

54025-9007

CD

WI-07

Jobs Reported

7

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3250.00

Payroll Proceed

39000.00

Mortgage Interest Proceed

3250.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3250.00

Debt Interest Proceed

3250

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52374.11

Forgiveness Date

01/07/2021

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