PPP Loan information for Somerset woods rehabilitation and nursing center

$912,500

Somerset woods rehabilitation and nursing center was initially approved for PPP Loan of amount $912,500, the current approved amount is $912,500. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 115 jobs and $912,500 was used to fund payroll.

Somerset woods rehabilitation and nursing center is Existing or more than 2 years old

PPP Loan Search / NJ / Bayville / Somerset woods rehabilitation and nursing center

SOMERSET WOODS REHABILITATION AND NURSING CENTER

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOMERSET WOODS REHABILITATION AND NURSING CENTER

Borrower Address

18 Butler BLVD

Borrower City

Bayville

Borrower State

NJ

Borrower Zip

08721

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

912500.00

Current Approval Amount

912500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bayville

Project County Name

OCEAN

Project State

NJ

Project Zip

08721-0001

CD

NJ-04

Jobs Reported

115

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

912500.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

922375.00

Forgiveness Date

06/04/2021

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