PPP Loan information for Back's auto sales & auction inc.

$117,000

Back's auto sales & auction inc. was initially approved for PPP Loan of amount $117,000, the current approved amount is $117,000. The loan was approved on 02/20/2021 by The Community Trust Bank, Inc. reported 14 jobs and $117,000 was used to fund payroll.

Back's auto sales & auction inc. is Existing or more than 2 years old

PPP Loan Search / KY / Mount Sterling / Back's auto sales & auction inc.

BACK'S AUTO SALES & AUCTION INC.

Date Approved

02/20/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

BACK'S AUTO SALES & AUCTION INC.

Borrower Address

1281 Winchester Rd

Borrower City

Mount Sterling

Borrower State

KY

Borrower Zip

40353-9728

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117000.00

Current Approval Amount

117000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Sterling

Project County Name

MONTGOMERY

Project State

KY

Project Zip

40353-9728

CD

KY-06

Jobs Reported

14

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117000.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118256.55

Forgiveness Date

03/29/2022

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