PPP Loan information for Sign magic 2 inc, dba instant signs

$157,100

Sign magic 2 inc, dba instant signs was initially approved for PPP Loan of amount $157,100, the current approved amount is $157,100. The loan was approved on 04/07/2020 by The Traditional Bank, Inc. reported 22 jobs and $157,100 was used to fund payroll.

Sign magic 2 inc, dba instant signs is Existing or more than 2 years old

SIGN MAGIC 2 INC, DBA INSTANT SIGNS

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SIGN MAGIC 2 INC, DBA INSTANT SIGNS

Borrower Address

2350 WOODHILL DR SUITE 10

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40509-1024

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157100.00

Current Approval Amount

157100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

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

40509-1024

CD

KY-06

Jobs Reported

22

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157100.00

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

Corporation

Originating Lender Location Id

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158597.83

Forgiveness Date

03/31/2021

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