PPP Loan information for Mainline communications, inc.

$197,655

Mainline communications, inc. was initially approved for PPP Loan of amount $197,655, the current approved amount is $197,655. The loan was approved on 04/07/2020 by The The Commercial Bank of Grayson reported 16 jobs and $197,655 was used to fund payroll.

Mainline communications, inc. is Existing or more than 2 years old

MAINLINE COMMUNICATIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MAINLINE COMMUNICATIONS, INC.

Borrower Address

1756 E. Midland Trail

Borrower City

GRAYSON

Borrower State

KY

Borrower Zip

41143-8936

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197655.00

Current Approval Amount

197655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27038

Servicing Lender Name

The Commercial Bank of Grayson

Servicing Lender Address

208 E Main St

Servicing Lender City

GRAYSON

Servicing Lender State

KY

Servicing Lender Zip

41143-1304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAYSON

Project County Name

CARTER

Project State

KY

Project Zip

41143-8936

CD

KY-05

Jobs Reported

16

NAICS Code

517919

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24706.87

Payroll Proceed

148241.25

Mortgage Interest Proceed

24706.88

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

27038

Originating Lender

The Commercial Bank of Grayson

Originating Lender City

GRAYSON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199133.35

Forgiveness Date

01/14/2021

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