PPP Loan information for Burger queen of somerset east, inc.

$122,000

Burger queen of somerset east, inc. was initially approved for PPP Loan of amount $122,000, the current approved amount is $122,000. The loan was approved on 04/04/2020 by The Cumberland Valley National Bank & Trust Company reported 34 jobs and $122,000 was used to fund payroll.

Burger queen of somerset east, inc. is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Burger queen of somerset east, inc.

BURGER QUEEN OF SOMERSET EAST, INC.

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BURGER QUEEN OF SOMERSET EAST, INC.

Borrower Address

205 n main st

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-1404

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122000.00

Current Approval Amount

122000.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen Operating Agreement

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

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

42501-1404

CD

KY-05

Jobs Reported

34

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

103000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123125.11

Forgiveness Date

03/15/2021

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