PPP Loan information for Farmers supply company

$57,100

Farmers supply company was initially approved for PPP Loan of amount $57,100, the current approved amount is $57,100. The loan was approved on 04/14/2020 by The The Citizens National Bank of Somerset reported 8 jobs and $57,100 was used to fund payroll.

Farmers supply company is Existing or more than 2 years old

FARMERS SUPPLY COMPANY

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FARMERS SUPPLY COMPANY

Borrower Address

913 E MOUNT VERNON ST

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-1227

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57100.00

Current Approval Amount

57100.00

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

N

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

42501-1227

CD

KY-05

Jobs Reported

8

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

42825.00

Mortgage Interest Proceed

4339.44

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5935.56

Debt Interest Proceed

0

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

57533.01

Forgiveness Date

01/20/2021

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