# PPP loan: SOMERSET BAKERIES
> **$254K** approved 01/22/2021 · Paid in Full · Loan `3472078307`
## Borrower
- **Name:** SOMERSET BAKERIES
- **Address:** 4640 Brittmoore Rd, Houston, TX, 77041-8008
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 36
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*