PPP Loan information for Independence muffler inc

$12,000

Independence muffler inc was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 05/20/2020 by The South Central Bank, Inc. reported 3 jobs and $12,000 was used to fund payroll.

Independence muffler inc is New Business or 2 years or less

INDEPENDENCE MUFFLER INC

Date Approved

05/20/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

INDEPENDENCE MUFFLER INC

Borrower Address

202 S L Rogers Wells Blvd

Borrower City

GLASGOW

Borrower State

KY

Borrower Zip

42141-1129

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GLASGOW

Project County Name

BARREN

Project State

KY

Project Zip

42141-1129

CD

KY-02

Jobs Reported

3

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12000.00

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

Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12121.33

Forgiveness Date

05/20/2021

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