PPP Loan information for Colonial inn

$47,715

Colonial inn was initially approved for PPP Loan of amount $47,715, the current approved amount is $47,715. The loan was approved on 02/05/2021 by The First Southern National Bank reported 15 jobs and $47,715 was used to fund payroll.

Colonial inn is Existing or more than 2 years old

COLONIAL INN

Date Approved

02/05/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

COLONIAL INN

Borrower Address

555 E 9th St

Borrower City

Russellville

Borrower State

KY

Borrower Zip

42276

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47715.26

Current Approval Amount

47715.26

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27159

Servicing Lender Name

First Southern National Bank

Servicing Lender Address

27 Public Sq

Servicing Lender City

LANCASTER

Servicing Lender State

KY

Servicing Lender Zip

40444-1403

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Russellville

Project County Name

LOGAN

Project State

KY

Project Zip

42276

CD

KY-01

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

47712.26

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

Subchapter S Corporation

Originating Lender Location Id

27159

Originating Lender

First Southern National Bank

Originating Lender City

LANCASTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47921.81

Forgiveness Date

07/19/2021

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