PPP Loan information for Somerset development, llc

$524,737

Somerset development, llc was initially approved for PPP Loan of amount $524,737, the current approved amount is $524,737. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 26 jobs and $524,737 was used to fund payroll.

Somerset development, llc is Existing or more than 2 years old

PPP Loan Search / NJ / HOLMDEL / Somerset development, llc

SOMERSET DEVELOPMENT, LLC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET DEVELOPMENT, LLC

Borrower Address

101 Crawfords Corner Rd

Borrower City

HOLMDEL

Borrower State

NJ

Borrower Zip

07733-1900

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524737.00

Current Approval Amount

524737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLMDEL

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07733-1900

CD

NJ-03

Jobs Reported

26

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524737.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

531249.49

Forgiveness Date

07/15/2021

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