# PPP loan: SOMERSET HOLMDEL, LLC
> **$196K** approved 04/08/2020 · Paid in Full · Loan `8825817002`
## Borrower
- **Name:** SOMERSET HOLMDEL, LLC
- **Address:** 101 Crawfords Corner Rd, HOLMDEL, NJ, 07733-1900
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 13
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*