PPP Loan information for T & t motors, inc.

$512,000

T & t motors, inc. was initially approved for PPP Loan of amount $446,500, the current approved amount is $512,000. The loan was approved on 04/06/2020 by The The Citizens National Bank of Somerset reported 45 jobs and $512,000 was used to fund payroll.

T & t motors, inc. is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / T & t motors, inc.

T & T MOTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

T & T MOTORS, INC.

Borrower Address

4195 S HIGHWAY 27

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-6189

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446500.00

Current Approval Amount

512000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

N

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

42501-6189

CD

KY-05

Jobs Reported

45

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

384000.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43000.00

Debt Interest Proceed

20000

Business Type

Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515214.22

Forgiveness Date

11/23/2020

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