PPP Loan information for Lawhorn ford sales inc

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAWHORN FORD SALES INC

Borrower Address

2434 Lakeway Drive

Borrower City

RUSSELL SPRINGS

Borrower State

KY

Borrower Zip

42642-4638

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31790.00

Current Approval Amount

31790.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

27874

Servicing Lender Name

The First National Bank of Russell Springs

Servicing Lender Address

36 W Steve Wariner Dr

Servicing Lender City

RUSSELL SPRINGS

Servicing Lender State

KY

Servicing Lender Zip

42642

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RUSSELL SPRINGS

Project County Name

RUSSELL

Project State

KY

Project Zip

42642-4638

CD

KY-01

Jobs Reported

6

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1589.50

Payroll Proceed

23842.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6358.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27874

Originating Lender

The First National Bank of Russell Springs

Originating Lender City

RUSSELL SPRINGS

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32001.05

Forgiveness Date

12/09/2020