PPP Loan information for Gerald sears

$20,833

Gerald sears was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/12/2021 by The Cumberland Security Bank reported 1 jobs and $20,833 was used to fund payroll.

Gerald sears is Existing or more than 2 years old

GERALD SEARS

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GERALD SEARS

Borrower Address

67 DUNGAN KNOB LANE

Borrower City

SCIENCE HILL

Borrower State

KY

Borrower Zip

42553

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.25

Current Approval Amount

20833.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27923

Servicing Lender Name

Cumberland Security Bank

Servicing Lender Address

107 S Main St

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2005

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCIENCE HILL

Project County Name

PULASKI

Project State

KY

Project Zip

42553

CD

KY-05

Jobs Reported

1

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.25

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

27923

Originating Lender

Cumberland Security Bank

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20964.62

Forgiveness Date

11/01/2021

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