PPP Loan information for Somerset jewelers, inc

$50,300

Somerset jewelers, inc was initially approved for PPP Loan of amount $50,300, the current approved amount is $50,300. The loan was approved on 04/07/2020 by The Shore United Bank, National Association reported 25 jobs and $50,300 was used to fund payroll.

Somerset jewelers, inc is Existing or more than 2 years old

PPP Loan Search / MD / OCEAN CITY / Somerset jewelers, inc

SOMERSET JEWELERS, INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOMERSET JEWELERS, INC

Borrower Address

412 S Atlantic Ave

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-4079

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50300.00

Current Approval Amount

50300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-4079

CD

MD-01

Jobs Reported

25

NAICS Code

448310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50300.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50776.82

Forgiveness Date

03/30/2021

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