PPP Loan information for Red's somerset, inc.

$34,780

Red's somerset, inc. was initially approved for PPP Loan of amount $34,780, the current approved amount is $34,780. The loan was approved on 04/28/2020 by The St. Anne's Credit Union reported 6 jobs and $34,780 was used to fund payroll.

Red's somerset, inc. is Existing or more than 2 years old

RED'S SOMERSET, INC.

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

34780.12

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

MA

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

SOMERSET

Project County Name

BRISTOL

Project State

MA

Project Zip

02726-1286

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

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

98520

Originating Lender

St. Anne's Credit Union

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35046.77

Forgiveness Date

02/09/2021

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