PPP Loan information for Somerset industries, inc.

$364,900

Somerset industries, inc. was initially approved for PPP Loan of amount $364,900, the current approved amount is $364,900. The loan was approved on 04/07/2020 by The Northern Bank and Trust Company reported 39 jobs and $364,900 was used to fund payroll.

Somerset industries, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Somerset industries, inc.

SOMERSET INDUSTRIES, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOMERSET INDUSTRIES, INC.

Borrower Address

137 Phoenix Ave

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-4930

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364900.00

Current Approval Amount

364900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-4930

CD

MA-03

Jobs Reported

39

NAICS Code

722310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

364900.00

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

Corporation

Originating Lender Location Id

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

367910.43

Forgiveness Date

02/11/2021

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