Date Approved
04/28/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
RED'S SOMERSET, INC.
Borrower Address
505 GRAND ARMY HWY
Borrower City
SOMERSET
Borrower State
MA
Borrower Zip
02726-1286
Loan Status Date
04/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
34780.12
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98520
Servicing Lender Name
St. Anne's Credit Union
Servicing Lender Address
286 Oliver St
Servicing Lender City
FALL RIVER
Servicing Lender State
Servicing Lender Zip
02724-2935
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BRISTOL
Project State
Project Zip
CD
MA-04
Jobs Reported
6
NAICS Code
445120
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
2500.00
Payroll Proceed
28000.00
Mortgage Interest Proceed
4280.12
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
35046.77
Forgiveness Date
02/09/2021