PPP Loan information for Somerset group llc

$87,000

Somerset group llc was initially approved for PPP Loan of amount $87,000, the current approved amount is $87,000. The loan was approved on 07/29/2020 by The Newtek Small Business Finance, Inc. reported 5 jobs and $87,000 was used to fund payroll.

Somerset group llc is Existing or more than 2 years old

SOMERSET GROUP LLC

Date Approved

07/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SOMERSET GROUP LLC

Borrower Address

ELM ST 375 E Elm St

Borrower City

CONSHOHOCKEN

Borrower State

PA

Borrower Zip

19428-1908

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

87000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONSHOHOCKEN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19428-1908

CD

PA-04

Jobs Reported

5

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87741.92

Forgiveness Date

06/10/2021

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