PPP Loan information for Purpose inc.

$8,200

Purpose inc. was initially approved for PPP Loan of amount $8,200, the current approved amount is $8,200. The loan was approved on 04/15/2020 by The Central Bank & Trust Co. reported 4 jobs and $8,200 was used to fund payroll.

Purpose inc. is Existing or more than 2 years old

PPP Loan Search / KY / PROSPECT / Purpose inc.

PURPOSE INC.

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PURPOSE INC.

Borrower Address

5208 WOLFPEN WOODS DR

Borrower City

PROSPECT

Borrower State

KY

Borrower Zip

40059-9198

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8200.00

Current Approval Amount

8200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PROSPECT

Project County Name

JEFFERSON

Project State

KY

Project Zip

40059-9198

CD

KY-03

Jobs Reported

4

NAICS Code

611710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8200.00

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

Non-Profit Organization

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

8258.77

Forgiveness Date

01/06/2021

;