PPP Loan information for Michael banks

$20,833

Michael banks was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/20/2021 by The Whitaker Bank, Inc reported 1 jobs and $20,833 was used to fund payroll.

Michael banks is Existing or more than 2 years old

MICHAEL BANKS

Date Approved

04/20/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MICHAEL BANKS

Borrower Address

1700 N Hwy 746

Borrower City

Stanton

Borrower State

KY

Borrower Zip

41301

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26908

Servicing Lender Name

Whitaker Bank, Inc

Servicing Lender Address

2001 Pleasant Ridge Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stanton

Project County Name

POWELL

Project State

KY

Project Zip

41301

CD

KY-05

Jobs Reported

1

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.32

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

Sole Proprietorship

Originating Lender Location Id

26908

Originating Lender

Whitaker Bank, Inc

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20929.38

Forgiveness Date

10/06/2021

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