PPP Loan information for Cumberland applicance center, inc.

$20,902

Cumberland applicance center, inc. was initially approved for PPP Loan of amount $20,902, the current approved amount is $20,902. The loan was approved on 04/06/2020 by The Cumberland Security Bank reported 3 jobs and $20,902 was used to fund payroll.

Cumberland applicance center, inc. is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Cumberland applicance center, inc.

CUMBERLAND APPLICANCE CENTER, INC.

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CUMBERLAND APPLICANCE CENTER, INC.

Borrower Address

178 S. HIGHWAY 27

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-1783

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20902.09

Current Approval Amount

20902.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27923

Servicing Lender Name

Cumberland Security Bank

Servicing Lender Address

107 S Main St

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501-1783

CD

KY-05

Jobs Reported

3

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20902.09

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

27923

Originating Lender

Cumberland Security Bank

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21017.05

Forgiveness Date

10/29/2020

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