PPP Loan information for Somerset syrup and concession supply inc

$317,342

Somerset syrup and concession supply inc was initially approved for PPP Loan of amount $317,342, the current approved amount is $317,342. The loan was approved on 01/25/2021 by The Santander Bank, National Association reported 27 jobs and $317,342 was used to fund payroll.

Somerset syrup and concession supply inc is Existing or more than 2 years old

SOMERSET SYRUP AND CONCESSION SUPPLY INC

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SOMERSET SYRUP AND CONCESSION SUPPLY INC

Borrower Address

100 McGaw Dr

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08837-3725

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

317342.00

Current Approval Amount

317342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08837-3725

CD

NJ-06

Jobs Reported

27

NAICS Code

424450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

317339.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

319463.41

Forgiveness Date

09/28/2021

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