PPP Loan information for Somerset sales & leasing inc.

$131,000

Somerset sales & leasing inc. was initially approved for PPP Loan of amount $131,000, the current approved amount is $131,000. The loan was approved on 03/05/2021 by The MidWestOne Bank reported 9 jobs and $131,000 was used to fund payroll.

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

PPP Loan Search / WI / Somerset / Somerset sales & leasing inc.

SOMERSET SALES & LEASING INC.

Date Approved

03/05/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

SOMERSET SALES & LEASING INC.

Borrower Address

534 County Road VV

Borrower City

Somerset

Borrower State

WI

Borrower Zip

54025-9059

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131000.00

Current Approval Amount

131000.00

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

9

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130996.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131993.42

Forgiveness Date

12/09/2021

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