PPP Loan information for Central equipment co.

$587,100

Central equipment co. was initially approved for PPP Loan of amount $587,100, the current approved amount is $587,100. The loan was approved on 04/08/2020 by The Central Bank & Trust Co. reported 52 jobs and $587,100 was used to fund payroll.

Central equipment co. is Existing or more than 2 years old

CENTRAL EQUIPMENT CO.

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CENTRAL EQUIPMENT CO.

Borrower Address

791 RED MILE RD

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40504-1162

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587100.00

Current Approval Amount

587100.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40504-1162

CD

KY-06

Jobs Reported

52

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

34000.00

Payroll Proceed

440300.00

Mortgage Interest Proceed

58800.00

Rent Proceed

54000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

590345.36

Forgiveness Date

11/03/2020

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