PPP Loan information for Somerset imports, inc.

$59,813

Somerset imports, inc. was initially approved for PPP Loan of amount $59,813, the current approved amount is $59,813. The loan was approved on 04/29/2020 by The Freedom Bank reported 4 jobs and $59,813 was used to fund payroll.

Somerset imports, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Princeton / Somerset imports, inc.

SOMERSET IMPORTS, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET IMPORTS, INC.

Borrower Address

221 Witherspoon Street

Borrower City

Princeton

Borrower State

NJ

Borrower Zip

08542-3240

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59813.32

Current Approval Amount

59813.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455592

Servicing Lender Name

Freedom Bank

Servicing Lender Address

99 W Essex St, 2nd Fl

Servicing Lender City

MAYWOOD

Servicing Lender State

NJ

Servicing Lender Zip

07607-1019

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MERCER

Project State

NJ

Project Zip

08542-3240

CD

NJ-12

Jobs Reported

4

NAICS Code

425120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59813.32

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

Subchapter S Corporation

Originating Lender Location Id

455592

Originating Lender

Freedom Bank

Originating Lender City

MAYWOOD

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60423.08

Forgiveness Date

05/10/2021

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