Somer Subaru INC

$600,557 PPP Loan in Somerset, Massachusetts

Loan Details

Loan Number
9385907103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$600,557
Current Approval
$600,557
Forgiveness Amount
$608,734
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Somer Subaru INC
Address
1451 Brayton Point Road
ZIP Code
02725
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.1M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$522,065
Rent
$45,000
Utilities
$20,153
Health Care
$9,589
Debt Interest
$3,750

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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