Date Approved
04/10/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
SOMOROFF LLC
Borrower Address
888 NEWARK AVE SUITE T200
Borrower City
JERSEY CITY
Borrower State
NJ
Borrower Zip
07306-6301
Loan Status Date
12/21/2021
Loan Status
Charged Off
Term
4
SBA Guaranty Percentage
100
Initial Approval Amount
414187.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4924
Servicing Lender Name
City National Bank
Servicing Lender Address
555 S Flower St
Servicing Lender City
LOS ANGELES
Servicing Lender State
CA
Servicing Lender Zip
90071-2300
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUDSON
Project State
Project Zip
CD
NJ-08
Jobs Reported
13
NAICS Code
512110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
13547.00
Payroll Proceed
310640.00
Mortgage Interest Proceed
Rent Proceed
90000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
Forgiveness Date