PPP Loan information for Commonwealth tool & machine inx

$569,068

Commonwealth tool & machine inx was initially approved for PPP Loan of amount $569,068, the current approved amount is $569,068. The loan was approved on 04/08/2020 by The Whitaker Bank, Inc reported 49 jobs and $569,068 was used to fund payroll.

Commonwealth tool & machine inx is Existing or more than 2 years old

COMMONWEALTH TOOL & MACHINE INX

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

COMMONWEALTH TOOL & MACHINE INX

Borrower Address

3511 Main Street

Borrower City

STAMPING GROUND

Borrower State

KY

Borrower Zip

40379-9631

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569067.50

Current Approval Amount

569067.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26908

Servicing Lender Name

Whitaker Bank, Inc

Servicing Lender Address

2001 Pleasant Ridge Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAMPING GROUND

Project County Name

SCOTT

Project State

KY

Project Zip

40379-9631

CD

KY-06

Jobs Reported

49

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

569067.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

26908

Originating Lender

Whitaker Bank, Inc

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

572276.41

Forgiveness Date

11/05/2020

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