Somerset Auto, Inc.
$21,900 PPP Loan in Princess Anne, Maryland
Loan Details
- Loan Number
- 4889767110
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $21,900
- Current Approval
- $21,900
- Forgiveness Amount
- $22,113
- Forgiveness Date
- Apr 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Somerset Auto, Inc.
- Address
- 12471 Somerset Ave
- City
- Princess Anne
- State
- Maryland
- ZIP Code
- 21853-3021
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 3
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $21,900
Lender Information
- Servicing Lender
- Hebron Savings Bank
- Originating Lender
- Hebron Savings Bank
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| Business | Approved | |
|---|---|---|
| Axis Health at Manokin Opco LLC | $1,200,312 |  AI Deep Dive |
| Velos LLC | $889,400 | AI Deep Dive |
| Princess Anne Enterprises LLC | $201,870 | AI Deep Dive |
| Reynolds Excavating, Inc. | $182,250 | AI Deep Dive |
| Princess Anne Enterprises LLC | $180,600 | AI Deep Dive |
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