PPP Loan information for Outcrop equipment sales & rental company

$8,700

Outcrop equipment sales & rental company was initially approved for PPP Loan of amount $8,700, the current approved amount is $8,700. The loan was approved on 04/14/2020 by The South Central Bank, Inc. reported 2 jobs and $8,700 was used to fund payroll.

Outcrop equipment sales & rental company is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Outcrop equipment sales & rental company

OUTCROP EQUIPMENT SALES & RENTAL COMPANY

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

OUTCROP EQUIPMENT SALES & RENTAL COMPANY

Borrower Address

390 W Hwy 80

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-2711

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8700.00

Current Approval Amount

8700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42503-2711

CD

KY-05

Jobs Reported

2

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8700.00

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

Subchapter S Corporation

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

5736.42

Forgiveness Date

12/02/2020

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