PPP Loan information for Somerset recycling services inc.

$643,289

Somerset recycling services inc. was initially approved for PPP Loan of amount $643,289, the current approved amount is $643,289. The loan was approved on 02/14/2021 by The Cumberland Valley National Bank & Trust Company reported 71 jobs and $643,289 was used to fund payroll.

Somerset recycling services inc. is Existing or more than 2 years old

SOMERSET RECYCLING SERVICES INC.

Date Approved

02/14/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

SOMERSET RECYCLING SERVICES INC.

Borrower Address

1 Recycle Way

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42503-5440

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

643289.20

Current Approval Amount

643289.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

PULASKI

Project State

KY

Project Zip

42503-5440

CD

KY-05

Jobs Reported

71

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

643285.20

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

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

649418.32

Forgiveness Date

01/31/2022

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