PPP Loan information for Somerset plastics company, inc.

$205,000

Somerset plastics company, inc. was initially approved for PPP Loan of amount $205,000, the current approved amount is $205,000. The loan was approved on 04/11/2020 by The Liberty Bank reported 19 jobs and $205,000 was used to fund payroll.

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

SOMERSET PLASTICS COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SOMERSET PLASTICS COMPANY, INC.

Borrower Address

454 TIMBER RIDGE RD

Borrower City

MIDDLETOWN

Borrower State

CT

Borrower Zip

06457-7540

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205000.00

Current Approval Amount

205000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETOWN

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-7540

CD

CT-01

Jobs Reported

19

NAICS Code

326111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

205000.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206993.06

Forgiveness Date

04/13/2021

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