PPP Loan information for Ferro coals, inc.

$36,833

Ferro coals, inc. was initially approved for PPP Loan of amount $36,833, the current approved amount is $36,833. The loan was approved on 04/07/2020 by The Hometown Bank of Corbin, Inc. d/b/a Hometown Bank reported 3 jobs and $36,833 was used to fund payroll.

Ferro coals, inc. is Existing or more than 2 years old

FERRO COALS, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FERRO COALS, INC.

Borrower Address

PO BOX 878

Borrower City

HARLAN

Borrower State

KY

Borrower Zip

40831-0878

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36832.50

Current Approval Amount

36832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124504

Servicing Lender Name

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Servicing Lender Address

1030 Cumberland Falls Hwy

Servicing Lender City

CORBIN

Servicing Lender State

KY

Servicing Lender Zip

40701-2713

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARLAN

Project County Name

HARLAN

Project State

KY

Project Zip

40831-0878

CD

KY-05

Jobs Reported

3

NAICS Code

213113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29466.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7366.50

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124504

Originating Lender

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Originating Lender City

CORBIN

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37166.52

Forgiveness Date

03/11/2021

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