PPP Loan information for Community ventures corporation

$763,200

Community ventures corporation was initially approved for PPP Loan of amount $858,200, the current approved amount is $763,200. The loan was approved on 04/06/2020 by The Traditional Bank, Inc. reported 52 jobs and $763,200 was used to fund payroll.

Community ventures corporation is Existing or more than 2 years old

COMMUNITY VENTURES CORPORATION

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

COMMUNITY VENTURES CORPORATION

Borrower Address

1450 N BROADWAY

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40505-3162

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

858200.00

Current Approval Amount

763200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40505-3162

CD

KY-06

Jobs Reported

52

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

763200.00

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

Non-Profit Organization

Originating Lender Location Id

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

771375.65

Forgiveness Date

05/11/2021

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