PPP Loan information for Somerset senior living at mcgehee, inc

$506,967

Somerset senior living at mcgehee, inc was initially approved for PPP Loan of amount $506,967, the current approved amount is $506,967. The loan was approved on 04/06/2020 by The CFG Community Bank reported 74 jobs and $506,967 was used to fund payroll.

Somerset senior living at mcgehee, inc is Existing or more than 2 years old

SOMERSET SENIOR LIVING AT MCGEHEE, INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOMERSET SENIOR LIVING AT MCGEHEE, INC

Borrower Address

700 MARK DR

Borrower City

MC GEHEE

Borrower State

AR

Borrower Zip

71654-1812

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

506967.00

Current Approval Amount

506967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121508

Servicing Lender Name

CFG Community Bank

Servicing Lender Address

1422 Clarkview Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21209-2385

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MC GEHEE

Project County Name

DESHA

Project State

AR

Project Zip

71654-1812

CD

AR-01

Jobs Reported

74

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

506967.00

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

Non-Profit Organization

Originating Lender Location Id

121508

Originating Lender

CFG Community Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

510910.08

Forgiveness Date

01/25/2021

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