PPP Loan information for Somerset capital group, ltd.

$2,531,400

Somerset capital group, ltd. was initially approved for PPP Loan of amount $2,538,300, the current approved amount is $2,531,400. The loan was approved on 04/10/2020 by The East West Bank reported 122 jobs and $2,531,400 was used to fund payroll.

Somerset capital group, ltd. is Existing or more than 2 years old

PPP Loan Search / CT / MILFORD / Somerset capital group, ltd.

SOMERSET CAPITAL GROUP, LTD.

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SOMERSET CAPITAL GROUP, LTD.

Borrower Address

612 Wheelers Farm Road

Borrower City

MILFORD

Borrower State

CT

Borrower Zip

06461-1673

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2538300.00

Current Approval Amount

2531400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06461-1673

CD

CT-03

Jobs Reported

122

NAICS Code

532420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2531400.00

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

Corporation

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2560933.00

Forgiveness Date

06/11/2021

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