PPP Loan information for Somerset equipment sales limited liability company

$20,000

Somerset equipment sales limited liability company was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/27/2020 by The Unity Bank reported 1 jobs and $20,000 was used to fund payroll.

Somerset equipment sales limited liability company is Existing or more than 2 years old

SOMERSET EQUIPMENT SALES LIMITED LIABILITY COMPANY

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET EQUIPMENT SALES LIMITED LIABILITY COMPANY

Borrower Address

1455 Easton Ave.

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1000

CD

NJ-12

Jobs Reported

1

NAICS Code

811411

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

18000.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20217.78

Forgiveness Date

06/04/2021

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