PPP Loan information for Centrifugal technologies inc.

$789,900

Centrifugal technologies inc. was initially approved for PPP Loan of amount $789,900, the current approved amount is $789,900. The loan was approved on 04/07/2020 by The The Paducah Bank and Trust Company reported 43 jobs and $789,900 was used to fund payroll.

Centrifugal technologies inc. is Existing or more than 2 years old

CENTRIFUGAL TECHNOLOGIES INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CENTRIFUGAL TECHNOLOGIES INC.

Borrower Address

330 CENTECH DR

Borrower City

HICKORY

Borrower State

KY

Borrower Zip

42051-9056

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789900.00

Current Approval Amount

789900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27680

Servicing Lender Name

The Paducah Bank and Trust Company

Servicing Lender Address

555 Jefferson St

Servicing Lender City

PADUCAH

Servicing Lender State

KY

Servicing Lender Zip

42001-1088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

GRAVES

Project State

KY

Project Zip

42051-9056

CD

KY-01

Jobs Reported

43

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

749900.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27680

Originating Lender

The Paducah Bank and Trust Company

Originating Lender City

PADUCAH

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

796868.43

Forgiveness Date

03/08/2021

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