PPP Loan information for Somerset sales and leasing, inc.

$134,300

Somerset sales and leasing, inc. was initially approved for PPP Loan of amount $134,300, the current approved amount is $134,300. The loan was approved on 04/12/2020 by The MidWestOne Bank reported 10 jobs and $134,300 was used to fund payroll.

Somerset sales and leasing, inc. is Existing or more than 2 years old

PPP Loan Search / WI / SOMERSET / Somerset sales and leasing, inc.

SOMERSET SALES AND LEASING, INC.

Date Approved

04/12/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOMERSET SALES AND LEASING, INC.

Borrower Address

534 County Road VV

Borrower City

SOMERSET

Borrower State

WI

Borrower Zip

54025-9059

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134300.00

Current Approval Amount

134300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

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

SAINT CROIX

Project State

WI

Project Zip

54025-9059

CD

WI-07

Jobs Reported

10

NAICS Code

441210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8393.75

Payroll Proceed

100725.00

Mortgage Interest Proceed

8393.75

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8393.75

Debt Interest Proceed

8393.75

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135363.21

Forgiveness Date

02/02/2021

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