PPP Loan information for General sales co of ashland, inc

$266,500

General sales co of ashland, inc was initially approved for PPP Loan of amount $266,500, the current approved amount is $266,500. The loan was approved on 04/08/2020 by The Peoples Bank reported 20 jobs and $266,500 was used to fund payroll.

General sales co of ashland, inc is Existing or more than 2 years old

GENERAL SALES CO OF ASHLAND, INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GENERAL SALES CO OF ASHLAND, INC

Borrower Address

299 COMMERCE DR

Borrower City

GRAYSON

Borrower State

KY

Borrower Zip

41143-6110

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266500.00

Current Approval Amount

266500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAYSON

Project County Name

BOYD

Project State

KY

Project Zip

41143-6110

CD

KY-04

Jobs Reported

20

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199875.00

Mortgage Interest Proceed

0.00

Rent Proceed

66625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

267899.12

Forgiveness Date

11/03/2020

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