PPP Loan information for Somerset oil corp

$5,983

Somerset oil corp was initially approved for PPP Loan of amount $5,983, the current approved amount is $5,983. The loan was approved on 06/24/2020 by The Fed – Kabbage reported 2 jobs and $5,983 was used to fund payroll.

Somerset oil corp is New Business or 2 years or less

PPP Loan Search / NJ / SOMERSET / Somerset oil corp

SOMERSET OIL CORP

Date Approved

06/24/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET OIL CORP

Borrower Address

339 ELIZABETH AVE

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

07930

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5983.00

Current Approval Amount

5983.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOMERSET

Project County Name

MORRIS

Project State

NJ

Project Zip

07930-0001

CD

NJ-07

Jobs Reported

2

NAICS Code

447190

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5983.00

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

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

6066.43

Forgiveness Date

11/17/2021

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