PPP Loan information for Choate welding and equipment repair

$7,499

Choate welding and equipment repair was initially approved for PPP Loan of amount $7,499, the current approved amount is $7,499. The loan was approved on 06/17/2020 by The Farmers Bank and Trust Company, Princeton, Kentucky reported 1 jobs and $7,499 was used to fund payroll.

Choate welding and equipment repair is Existing or more than 2 years old

CHOATE WELDING AND EQUIPMENT REPAIR

Date Approved

06/17/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CHOATE WELDING AND EQUIPMENT REPAIR

Borrower Address

1839 SCOTTSBURG RD

Borrower City

PRINCETON

Borrower State

KY

Borrower Zip

42445-6253

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7498.95

Current Approval Amount

7498.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27863

Servicing Lender Name

Farmers Bank and Trust Company, Princeton, Kentucky

Servicing Lender Address

111 W Washington St

Servicing Lender City

PRINCETON

Servicing Lender State

KY

Servicing Lender Zip

42445-1907

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

CALDWELL

Project State

KY

Project Zip

42445-6253

CD

KY-01

Jobs Reported

1

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1124.84

Payroll Proceed

5249.26

Mortgage Interest Proceed

0.00

Rent Proceed

1124.85

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27863

Originating Lender

Farmers Bank and Trust Company, Princeton, Kentucky

Originating Lender City

PRINCETON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7537.90

Forgiveness Date

12/28/2020

;