PPP Loan information for Sommerset construction, l.l.c.

$53,657

Sommerset construction, l.l.c. was initially approved for PPP Loan of amount $53,657, the current approved amount is $53,657. The loan was approved on 04/10/2020 by The Charlevoix State Bank reported 4 jobs and $53,657 was used to fund payroll.

Sommerset construction, l.l.c. is Existing or more than 2 years old

PPP Loan Search / MI / BOYNE CITY / Sommerset construction, l.l.c.

SOMMERSET CONSTRUCTION, L.L.C.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOMMERSET CONSTRUCTION, L.L.C.

Borrower Address

5 W MAIN ST Unit 10

Borrower City

BOYNE CITY

Borrower State

MI

Borrower Zip

49712-1337

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53657.00

Current Approval Amount

53657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119163

Servicing Lender Name

Charlevoix State Bank

Servicing Lender Address

111 State St

Servicing Lender City

CHARLEVOIX

Servicing Lender State

MI

Servicing Lender Zip

49720-1342

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOYNE CITY

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49712-1337

CD

MI-01

Jobs Reported

4

NAICS Code

236115

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42926.00

Mortgage Interest Proceed

0.00

Rent Proceed

3150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7581.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119163

Originating Lender

Charlevoix State Bank

Originating Lender City

CHARLEVOIX

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54147.37

Forgiveness Date

03/11/2021

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