PPP Loan information for Inner city trades inc

$85,500

Inner city trades inc was initially approved for PPP Loan of amount $69,500, the current approved amount is $85,500. The loan was approved on 04/06/2020 by The The Citizens National Bank of Somerset reported 12 jobs and $85,500 was used to fund payroll.

Inner city trades inc is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Inner city trades inc

INNER CITY TRADES INC

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

INNER CITY TRADES INC

Borrower Address

374 GRUNDY RD

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-4979

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

85500.00

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

Y

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

42501-4979

CD

KY-05

Jobs Reported

12

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

738.13

Payroll Proceed

83039.57

Mortgage Interest Proceed

0.00

Rent Proceed

1722.30

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

Forgiveness Amount

75934.12

Forgiveness Date

11/09/2020

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