PPP Loan information for Somerset sales, service and rental, inc.

$5,800

Somerset sales, service and rental, inc. was initially approved for PPP Loan of amount $5,800, the current approved amount is $5,800. The loan was approved on 04/16/2020 by The Merchants Bank, National Association reported 2 jobs and $5,800 was used to fund payroll.

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

SOMERSET SALES, SERVICE AND RENTAL, INC.

Date Approved

04/16/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOMERSET SALES, SERVICE AND RENTAL, INC.

Borrower Address

416 MAIN ST

Borrower City

SOMERSET

Borrower State

WI

Borrower Zip

54025-7601

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5800.00

Current Approval Amount

5800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

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

54025-7601

CD

WI-07

Jobs Reported

2

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5800.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

5834.64

Forgiveness Date

11/24/2020

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