PPP Loan information for Michael carnes

$26,500

Michael carnes was initially approved for PPP Loan of amount $26,500, the current approved amount is $26,500. The loan was approved on 04/23/2021 by The The Citizens National Bank of Somerset reported 3 jobs and $26,500 was used to fund payroll.

Michael carnes is Existing or more than 2 years old

MICHAEL CARNES

Date Approved

04/23/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

MICHAEL CARNES

Borrower Address

3210 S Highway 127

Borrower City

Russell Springs

Borrower State

KY

Borrower Zip

42642-4028

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26500.00

Current Approval Amount

26500.00

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

Russell Springs

Project County Name

RUSSELL

Project State

KY

Project Zip

42642-4028

CD

KY-01

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26499.00

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

Sole Proprietorship

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26668.57

Forgiveness Date

12/14/2021

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