# PPP loan: SOMERSET OPERATING COMPANY LLC
> **$1.14M** approved 04/27/2020 · Paid in Full · Loan `5490997210`
## Borrower
- **Name:** SOMERSET OPERATING COMPANY LLC
- **Address:** 9 Federal St, EASTON, MD, 21601
- **NAICS:** 221122
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.17M (102%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 43
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*