PPP Loan information for Somerset group hospitality, llc

$53,368

Somerset group hospitality, llc was initially approved for PPP Loan of amount $53,368, the current approved amount is $53,368. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 4 jobs and $53,368 was used to fund payroll.

Somerset group hospitality, llc is Existing or more than 2 years old

SOMERSET GROUP HOSPITALITY, LLC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET GROUP HOSPITALITY, LLC

Borrower Address

60 Cottontail Ln

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53367.50

Current Approval Amount

53367.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

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

4

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6670.94

Payroll Proceed

40025.62

Mortgage Interest Proceed

6670.94

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53656.57

Forgiveness Date

11/05/2020

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