PPP Loan information for Somerset eatery inc

$112,500

Somerset eatery inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/29/2020 by The LCA Bank Corporation reported 35 jobs and $112,500 was used to fund payroll.

Somerset eatery inc is Existing or more than 2 years old

SOMERSET EATERY INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOMERSET EATERY INC

Borrower Address

3015 County Street

Borrower City

Somerset

Borrower State

MA

Borrower Zip

02726

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443364

Servicing Lender Name

LCA Bank Corporation

Servicing Lender Address

1441 W UTE Blvd Ste 250

Servicing Lender City

PARK CITY

Servicing Lender State

UT

Servicing Lender Zip

84098

Rural Urban Indicator

U

Hubzone Indicator

N

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

02726-0001

CD

MA-04

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

443364

Originating Lender

LCA Bank Corporation

Originating Lender City

PARK CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113768.75

Forgiveness Date

06/22/2021

;