Date Approved
04/11/2020
SBA Office Code
0457
Processing Method
PPP
Borrower Name
WEBMAGNETICS INC
Borrower Address
827 FREEMAN LAKE RD
Borrower City
ELIZABETHTOWN
Borrower State
KY
Borrower Zip
42701-2157
Loan Status Date
05/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7300.00
Current Approval Amount
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
Servicing Lender Zip
42141
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HARDIN
Project State
Project Zip
CD
KY-02
Jobs Reported
2
NAICS Code
541613
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
7374.42
Forgiveness Date
04/23/2021