# PPP loan: SOMERSET TECHNOLOGY GROUP LLC
> **$309K** approved 04/28/2020 · Paid in Full · Loan `6836597200`
## Borrower
- **Name:** SOMERSET TECHNOLOGY GROUP LLC
- **Address:** 550 Broad St Ste 804, NEWARK, NJ, 07102-4540
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*