PPP Loan information for Somerset recycling services, inc.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SOMERSET RECYCLING SERVICES, INC.

Borrower Address

1 RECYCLE WAY

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-5440

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

653100.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42503-5440

CD

KY-05

Jobs Reported

77

NAICS Code

325991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

80145.00

Payroll Proceed

449001.78

Mortgage Interest Proceed

55972.72

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14880.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

605016.67

Forgiveness Date

02/09/2021