PPP Loan information for Cornett machine shop, inc.

$117,427

Cornett machine shop, inc. was initially approved for PPP Loan of amount $117,427, the current approved amount is $117,427. The loan was approved on 04/08/2020 by The First Southern National Bank reported 17 jobs and $117,427 was used to fund payroll.

Cornett machine shop, inc. is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Cornett machine shop, inc.

CORNETT MACHINE SHOP, INC.

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CORNETT MACHINE SHOP, INC.

Borrower Address

1635 SOUTH HIGHWAY 27

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-2921

Loan Status Date

07/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117427.00

Current Approval Amount

117427.00

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

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501-2921

CD

KY-05

Jobs Reported

17

NAICS Code

336310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117427.00

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

27159

Originating Lender

First Southern National Bank

Originating Lender City

LANCASTER

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118868.30

Forgiveness Date

07/09/2021

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