PPP Loan information for Old world timber

$169,455

Old world timber was initially approved for PPP Loan of amount $169,455, the current approved amount is $169,455. The loan was approved on 04/27/2020 by The South Central Bank, Inc. reported 19 jobs and $169,455 was used to fund payroll.

Old world timber is Existing or more than 2 years old

OLD WORLD TIMBER

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

OLD WORLD TIMBER

Borrower Address

1195 Versailles Road

Borrower City

Lexington

Borrower State

KY

Borrower Zip

40508-3503

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169455.00

Current Approval Amount

169455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

FAYETTE

Project State

KY

Project Zip

40508-3503

CD

KY-06

Jobs Reported

19

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

169455.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156782.06

Forgiveness Date

04/22/2021

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