Somerset Well Drilling Co., Inc.
$473,400 PPP Loan in Westover, Maryland
Loan Details
- Loan Number
- 1369927102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $473,400
- Current Approval
- $473,400
- Forgiveness Amount
- $476,911
- Forgiveness Date
- Jan 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Somerset Well Drilling Co., Inc.
- Address
- 30170 Ritzel Rd
- City
- Westover
- State
- Maryland
- ZIP Code
- 21871-3942
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (237110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $12.4M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $473,400
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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