PPP Loan information for Somerset manufacturing company, inc.

$126,000

Somerset manufacturing company, inc. was initially approved for PPP Loan of amount $135,800, the current approved amount is $126,000. The loan was approved on 04/10/2020 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 18 jobs and $126,000 was used to fund payroll.

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

SOMERSET MANUFACTURING COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOMERSET MANUFACTURING COMPANY, INC.

Borrower Address

978 COUNTY ST

Borrower City

SOMERSET

Borrower State

MA

Borrower Zip

02726-5003

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135800.00

Current Approval Amount

126000.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

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

02726-5003

CD

MA-04

Jobs Reported

18

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126000.00

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127125.37

Forgiveness Date

03/10/2021

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