Date Approved
04/09/2020
SBA Office Code
0457
Processing Method
PPP
Borrower Name
DRAINS UNLIMITED INC.
Borrower Address
1261 Old Abbott Mountain Road
Borrower City
PRESTONSBURG
Borrower State
KY
Borrower Zip
41653-0957
Loan Status Date
12/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
138600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57732
Servicing Lender Name
Peoples Bank
Servicing Lender Address
138 Putnam St
Servicing Lender City
MARIETTA
Servicing Lender State
OH
Servicing Lender Zip
45750-2923
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FLOYD
Project State
Project Zip
CD
KY-05
Jobs Reported
19
NAICS Code
237990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
103950.00
Mortgage Interest Proceed
Rent Proceed
34650.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
139362.30
Forgiveness Date
11/12/2020