PPP Loan information for Somerset steel, inc.

$21,700

Somerset steel, inc. was initially approved for PPP Loan of amount $21,700, the current approved amount is $21,700. The loan was approved on 07/14/2020 by The The Citizens National Bank of Somerset reported 4 jobs and $21,700 was used to fund payroll.

Somerset steel, inc. is Existing or more than 2 years old

SOMERSET STEEL, INC.

Date Approved

07/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SOMERSET STEEL, INC.

Borrower Address

195 SUNSET BLVD

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-3071

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21700.00

Current Approval Amount

21700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

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

42503-3071

CD

KY-05

Jobs Reported

4

NAICS Code

423510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21700.00

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

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21806.09

Forgiveness Date

01/13/2021

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