PPP Loan information for Hometown development, inc.

$80,750

Hometown development, inc. was initially approved for PPP Loan of amount $80,750, the current approved amount is $80,750. The loan was approved on 04/08/2020 by The Independence Bank of Kentucky reported 32 jobs and $80,750 was used to fund payroll.

Hometown development, inc. is Existing or more than 2 years old

HOMETOWN DEVELOPMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

HOMETOWN DEVELOPMENT, INC.

Borrower Address

1800 N MAIN ST

Borrower City

MADISONVILLE

Borrower State

KY

Borrower Zip

42431-9401

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80750.00

Current Approval Amount

80750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISONVILLE

Project County Name

HOPKINS

Project State

KY

Project Zip

42431-9401

CD

KY-01

Jobs Reported

32

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80750.00

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

Subchapter S Corporation

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81506.62

Forgiveness Date

03/18/2021

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