PPP Loan information for Ims fabrication inc

$409,900

Ims fabrication inc was initially approved for PPP Loan of amount $409,900, the current approved amount is $409,900. The loan was approved on 02/19/2021 by The The Citizens National Bank of Somerset reported 50 jobs and $409,900 was used to fund payroll.

Ims fabrication inc is Existing or more than 2 years old

PPP Loan Search / KY / Somerset / Ims fabrication inc

IMS FABRICATION INC

Date Approved

02/19/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

IMS FABRICATION INC

Borrower Address

1278 Highway 461

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42503-5171

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

409900.00

Current Approval Amount

409900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

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

42503-5171

CD

KY-05

Jobs Reported

50

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

409896.00

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

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

413076.72

Forgiveness Date

12/01/2021

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