PPP Loan information for Somerset investor inc

$23,239

Somerset investor inc was initially approved for PPP Loan of amount $23,239, the current approved amount is $23,239. The loan was approved on 04/28/2020 by The Lakeland Bank reported 7 jobs and $23,239 was used to fund payroll.

Somerset investor inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWTON / Somerset investor inc

SOMERSET INVESTOR INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET INVESTOR INC

Borrower Address

448 Route 206 South

Borrower City

NEWTON

Borrower State

NJ

Borrower Zip

07860

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23238.72

Current Approval Amount

23238.72

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

SUSSEX

Project State

NJ

Project Zip

07860-0001

CD

NJ-05

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23238.72

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

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23401.39

Forgiveness Date

01/26/2021

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