Somerset Operating Company LLC

$1,143,477 PPP Loan in Easton, Maryland

Loan Details

Loan Number
9757508306
Date Approved
Jan 31, 2021
Loan Status
Exemption 4
Initial Approval
$1,143,477
Current Approval
$1,143,477
Forgiveness Amount
$766,250
Forgiveness Date
Mar 2, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Somerset Operating Company LLC
Address
9 Federal St
City
Easton
ZIP Code
21601-2705
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Utilities (221118)
Business Age
Existing or more than 2 years old
Jobs Reported
237
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$1,143,476
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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