Somerset Development, LLC

$524,737 PPP Loan in Holmdel, New Jersey

Loan Details

Loan Number
9972917002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$524,737
Current Approval
$524,737
Forgiveness Amount
$531,249
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Somerset Development, LLC
Address
101 Crawfords Corner Rd
ZIP Code
07733-1900
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237210)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$524,737

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Oceanfirst Bank, National Association

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