Somerset Wood Products Co

$191,000 PPP Loan in Bound Brook, New Jersey

Loan Details

Loan Number
5088268506
Date Approved
Feb 27, 2021
Loan Status
Paid in Full
Initial Approval
$191,000
Current Approval
$191,000
Forgiveness Amount
$192,443
Forgiveness Date
Dec 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Somerset Wood Products Co
Address
4e Easy St 4e Easy St
ZIP Code
08805-1147
Business Type
Corporation
Industry (NAICS)
Manufacturing (321918)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$190,998
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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