PPP Loan information for Somerset technology group llc

$308,779

Somerset technology group llc was initially approved for PPP Loan of amount $308,779, the current approved amount is $308,779. The loan was approved on 04/28/2020 by The Bank of America, National Association reported 15 jobs and $308,779 was used to fund payroll.

Somerset technology group llc is Unanswered

PPP Loan Search / NJ / NEWARK / Somerset technology group llc

SOMERSET TECHNOLOGY GROUP LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET TECHNOLOGY GROUP LLC

Borrower Address

550 Broad St Ste 804

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07102-4540

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308779.00

Current Approval Amount

308779.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-4540

CD

NJ-10

Jobs Reported

15

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308779.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

310843.17

Forgiveness Date

12/30/2020

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