PPP Loan information for Ctm machine and welding inc

$13,500

Ctm machine and welding inc was initially approved for PPP Loan of amount $13,500, the current approved amount is $13,500. The loan was approved on 04/27/2020 by The Magnolia Bank Incorporated reported 2 jobs and $13,500 was used to fund payroll.

Ctm machine and welding inc is Existing or more than 2 years old

PPP Loan Search / KY / MAGNOLIA / Ctm machine and welding inc

CTM MACHINE AND WELDING INC

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CTM MACHINE AND WELDING INC

Borrower Address

4915 L & N Turnpike

Borrower City

MAGNOLIA

Borrower State

KY

Borrower Zip

42757

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13500.00

Current Approval Amount

13500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

LARUE

Project State

KY

Project Zip

42757-0001

CD

KY-02

Jobs Reported

2

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13500.00

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

Subchapter S Corporation

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13578.75

Forgiveness Date

11/25/2020

;