PPP Loan information for Somerset operating company llc

$1,143,477

Somerset operating company llc was initially approved for PPP Loan of amount $1,143,477, the current approved amount is $1,143,477. The loan was approved on 04/27/2020 by The Bank of America, National Association reported 43 jobs and $1,143,477 was used to fund payroll.

Somerset operating company llc is Unanswered

PPP Loan Search / MD / EASTON / Somerset operating company llc

SOMERSET OPERATING COMPANY LLC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOMERSET OPERATING COMPANY LLC

Borrower Address

9 Federal St

Borrower City

EASTON

Borrower State

MD

Borrower Zip

21601

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1143477.00

Current Approval Amount

1143477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

EASTON

Project County Name

TALBOT

Project State

MD

Project Zip

21601-0401

CD

MD-01

Jobs Reported

43

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1143477.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1165845.29

Forgiveness Date

04/19/2022

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