PPP Loan information for Somerset construction company

$117,635

Somerset construction company was initially approved for PPP Loan of amount $117,635, the current approved amount is $117,635. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 7 jobs and $117,635 was used to fund payroll.

Somerset construction company is Existing or more than 2 years old

PPP Loan Search / MD / Bethesda / Somerset construction company

SOMERSET CONSTRUCTION COMPANY

Date Approved

01/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SOMERSET CONSTRUCTION COMPANY

Borrower Address

4816 Del Ray Ave

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814-3014

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117635.00

Current Approval Amount

117635.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-3014

CD

MD-08

Jobs Reported

7

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

117629.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118511.62

Forgiveness Date

10/29/2021

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