PPP Loan information for Woodrum insurance agency, inc.

$70,000

Woodrum insurance agency, inc. was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 04/07/2020 by The Central Bank & Trust Co. reported 11 jobs and $70,000 was used to fund payroll.

Woodrum insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / KY / GEORGETOWN / Woodrum insurance agency, inc.

WOODRUM INSURANCE AGENCY, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WOODRUM INSURANCE AGENCY, INC.

Borrower Address

102 FINLEY DR Suite 80

Borrower City

GEORGETOWN

Borrower State

KY

Borrower Zip

40324-6009

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GEORGETOWN

Project County Name

SCOTT

Project State

KY

Project Zip

40324-6009

CD

KY-06

Jobs Reported

11

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58000.00

Mortgage Interest Proceed

1500.00

Rent Proceed

10500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62403.00

Forgiveness Date

12/08/2020

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