PPP Loan information for Creosalus, inc

$1,098,450

Creosalus, inc was initially approved for PPP Loan of amount $1,098,450, the current approved amount is $1,098,450. The loan was approved on 05/05/2020 by The Morgantown Bank & Trust Company, Inc. reported 49 jobs and $1,098,450 was used to fund payroll.

Creosalus, inc is Existing or more than 2 years old

CREOSALUS, INC

Date Approved

05/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CREOSALUS, INC

Borrower Address

1044 CHESTNUT ST

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40204-6033

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1098450.00

Current Approval Amount

1098450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27627

Servicing Lender Name

Morgantown Bank & Trust Company, Inc.

Servicing Lender Address

201 N Main St

Servicing Lender City

MORGANTOWN

Servicing Lender State

KY

Servicing Lender Zip

42261-7914

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40204-6033

CD

KY-03

Jobs Reported

49

NAICS Code

325412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1029500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

68950.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27627

Originating Lender

Morgantown Bank & Trust Company, Inc.

Originating Lender City

MORGANTOWN

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1104137.66

Forgiveness Date

11/23/2020

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