Somerset Industries, Inc.

$364,900 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
6577877010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$364,900
Current Approval
$364,900
Forgiveness Amount
$367,910
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Somerset Industries, Inc.
Address
137 Phoenix Ave
City
Lowell
ZIP Code
01852-4930
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722310)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$364,900

Lender Information

Servicing Lender
Northern Bank and Trust Company
Originating Lender
Northern Bank and Trust Company

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