PPP Loan information for Somerville aluminum inc

$442,173

Somerville aluminum inc was initially approved for PPP Loan of amount $442,173, the current approved amount is $442,173. The loan was approved on 02/02/2021 by The Unity Bank reported 31 jobs and $442,173 was used to fund payroll.

Somerville aluminum inc is Existing or more than 2 years old

SOMERVILLE ALUMINUM INC

Date Approved

02/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SOMERVILLE ALUMINUM INC

Borrower Address

20 County Line Rd

Borrower City

Branchburg

Borrower State

NJ

Borrower Zip

08876-3498

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

442172.62

Current Approval Amount

442172.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Branchburg

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-3498

CD

NJ-07

Jobs Reported

31

NAICS Code

236118

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

442168.62

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

445660.87

Forgiveness Date

11/24/2021

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