PPP Loan information for Michael welch

$7,000

Michael welch was initially approved for PPP Loan of amount $7,000, the current approved amount is $7,000. The loan was approved on 03/20/2021 by The Community Trust Bank, Inc. reported 1 jobs and $7,000 was used to fund payroll.

Michael welch is Existing or more than 2 years old

MICHAEL WELCH

Date Approved

03/20/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MICHAEL WELCH

Borrower Address

1505 Red Hill Cir

Borrower City

Speedwell

Borrower State

TN

Borrower Zip

37870-6016

Loan Status Date

11/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7000.00

Current Approval Amount

7000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Speedwell

Project County Name

CLAIBORNE

Project State

TN

Project Zip

37870-6016

CD

TN-02

Jobs Reported

1

NAICS Code

111940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7000.00

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

Self-Employed Individuals

Originating Lender Location Id

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7037.40

Forgiveness Date

10/06/2021

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