# PPP loan: SOMERSET DEVELOPMENT CO. LLC
> **$213K** approved 01/28/2021 · Paid in Full · Loan `7170128301`
## Borrower
- **Name:** SOMERSET DEVELOPMENT CO. LLC
- **Address:** 5101 Wisconsin Ave NW Ste 410, Washington, DC, 20016-4140
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $213K
- **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*