PPP Loan information for First baptist church of somerset inc

$159,600

First baptist church of somerset inc was initially approved for PPP Loan of amount $159,600, the current approved amount is $159,600. The loan was approved on 04/07/2020 by The The Citizens National Bank of Somerset reported 34 jobs and $159,600 was used to fund payroll.

First baptist church of somerset inc is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / First baptist church of somerset inc

FIRST BAPTIST CHURCH OF SOMERSET INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FIRST BAPTIST CHURCH OF SOMERSET INC

Borrower Address

128 NORTH MAIN ST

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-1465

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159600.00

Current Approval Amount

159600.00

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

42501-1465

CD

KY-05

Jobs Reported

34

NAICS Code

813110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19000.00

Payroll Proceed

120550.00

Mortgage Interest Proceed

2482.20

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17567.80

Debt Interest Proceed

0

Business Type

Non-Profit Organization

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

Non-Veteran

Non Profit

Y

Forgiveness Amount

160486.67

Forgiveness Date

11/03/2020

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