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