PPP Loan information for Sommerset neighborhood

$349,560

Sommerset neighborhood was initially approved for PPP Loan of amount $349,560, the current approved amount is $349,560. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 56 jobs and $349,560 was used to fund payroll.

Sommerset neighborhood is Existing or more than 2 years old

SOMMERSET NEIGHBORHOOD

Date Approved

05/01/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SOMMERSET NEIGHBORHOOD

Borrower Address

1601 SOUTHWEST 119 ST

Borrower City

OKLAHOMA CITY

Borrower State

OK

Borrower Zip

73170

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349560.00

Current Approval Amount

349560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKLAHOMA CITY

Project County Name

CLEVELAND

Project State

OK

Project Zip

73170-0400

CD

OK-04

Jobs Reported

56

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

349560.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

353317.77

Forgiveness Date

05/27/2021

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