# PPP loan: SOMERSET DEVELOPMENT COMPANY, LLC
> **$185K** approved 04/13/2020 · Paid in Full · Loan `4719127103`
## Borrower
- **Name:** SOMERSET DEVELOPMENT COMPANY, LLC
- **Address:** 5101 Wisconsin Ave, NW Suite 410, WASHINGTON, DC, 20016-4115
- **NAICS:** 531190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $46K
- **Utilities:** $139K
- **Jobs reported:** 10
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*