PPP Loan information for Somerset senior living at seven springs, inc

$464,825

Somerset senior living at seven springs, inc was initially approved for PPP Loan of amount $464,825, the current approved amount is $464,825. The loan was approved on 04/06/2020 by The CFG Community Bank reported 73 jobs and $464,825 was used to fund payroll.

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

SOMERSET SENIOR LIVING AT SEVEN SPRINGS, INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOMERSET SENIOR LIVING AT SEVEN SPRINGS, INC

Borrower Address

1040 WEDDING FORD RD

Borrower City

HEBER SPRINGS

Borrower State

AR

Borrower Zip

72543-1914

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464825.00

Current Approval Amount

464825.00

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

HEBER SPRINGS

Project County Name

CLEBURNE

Project State

AR

Project Zip

72543-1914

CD

AR-02

Jobs Reported

73

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464825.00

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

468440.31

Forgiveness Date

01/25/2021

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