PPP Loan information for Reds somerset inc

$37,498

Reds somerset inc was initially approved for PPP Loan of amount $37,498, the current approved amount is $37,498. The loan was approved on 02/16/2021 by The St. Anne's Credit Union reported 6 jobs and $37,498 was used to fund payroll.

Reds somerset inc is Existing or more than 2 years old

PPP Loan Search / MA / Somerset / Reds somerset inc

REDS SOMERSET INC

Date Approved

02/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

REDS SOMERSET INC

Borrower Address

505 Grand Army of the Republic Hwy

Borrower City

Somerset

Borrower State

MA

Borrower Zip

02790

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37497.80

Current Approval Amount

37497.80

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

02790

CD

MA-09

Jobs Reported

6

NAICS Code

447110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37491.80

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

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

37759.24

Forgiveness Date

11/03/2021

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