PPP Loan information for Somerset auctions inc

$5,000

Somerset auctions inc was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 01/29/2021 by The U.S. Bank, National Association reported 2 jobs and $5,000 was used to fund payroll.

Somerset auctions inc is Existing or more than 2 years old

PPP Loan Search / AZ / Paradise Vly / Somerset auctions inc

SOMERSET AUCTIONS INC

Date Approved

01/29/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

SOMERSET AUCTIONS INC

Borrower Address

4707 E Sparkling Ln

Borrower City

Paradise Vly

Borrower State

AZ

Borrower Zip

85253-2961

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paradise Vly

Project County Name

MARICOPA

Project State

AZ

Project Zip

85253-2961

CD

AZ-01

Jobs Reported

2

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5000.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5021.94

Forgiveness Date

07/12/2021

;