PPP Loan information for Cumberland classic paint & body shop, inc

$98,800

Cumberland classic paint & body shop, inc was initially approved for PPP Loan of amount $98,800, the current approved amount is $98,800. The loan was approved on 04/09/2020 by The The Citizens National Bank of Somerset reported 9 jobs and $98,800 was used to fund payroll.

Cumberland classic paint & body shop, inc is Existing or more than 2 years old

CUMBERLAND CLASSIC PAINT & BODY SHOP, INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CUMBERLAND CLASSIC PAINT & BODY SHOP, INC

Borrower Address

85 ALLENS WAY

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-6154

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98800.00

Current Approval Amount

98800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

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

42501-6154

CD

KY-05

Jobs Reported

9

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4300.00

Payroll Proceed

79685.60

Mortgage Interest Proceed

4514.40

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

300

Business Type

Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99412.01

Forgiveness Date

11/25/2020

;