PPP Loan information for Somerset transmission

$15,302

Somerset transmission was initially approved for PPP Loan of amount $15,302, the current approved amount is $15,302. The loan was approved on 04/28/2020 by The New Millennium Bank reported 2 jobs and $15,302 was used to fund payroll.

Somerset transmission is Existing or more than 2 years old

SOMERSET TRANSMISSION

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET TRANSMISSION

Borrower Address

591 Somerset Street

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-3222

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15302.07

Current Approval Amount

15302.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124112

Servicing Lender Name

New Millennium Bank

Servicing Lender Address

222 Bridge Plz South, Ste 400

Servicing Lender City

FORT LEE

Servicing Lender State

NJ

Servicing Lender Zip

07024-5730

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-3222

CD

NJ-12

Jobs Reported

2

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15302.07

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

Sole Proprietorship

Originating Lender Location Id

124112

Originating Lender

New Millennium Bank

Originating Lender City

FORT LEE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15489.47

Forgiveness Date

07/29/2021

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