PPP Loan information for Lay simpson furniture company of albany inc

$14,995

Lay simpson furniture company of albany inc was initially approved for PPP Loan of amount $14,995, the current approved amount is $14,995. The loan was approved on 04/06/2021 by The First & Farmers National Bank, Inc. reported 4 jobs and $14,995 was used to fund payroll.

Lay simpson furniture company of albany inc is Existing or more than 2 years old

LAY SIMPSON FURNITURE COMPANY OF ALBANY INC

Date Approved

04/06/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAY SIMPSON FURNITURE COMPANY OF ALBANY INC

Borrower Address

303 N Cross St

Borrower City

Albany

Borrower State

KY

Borrower Zip

42602-1419

Loan Status Date

08/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14994.57

Current Approval Amount

14994.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26900

Servicing Lender Name

First & Farmers National Bank, Inc.

Servicing Lender Address

2020 S Hwy 27

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2926

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

CLINTON

Project State

KY

Project Zip

42602-1419

CD

KY-01

Jobs Reported

4

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14991.57

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

26900

Originating Lender

First & Farmers National Bank, Inc.

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15039.14

Forgiveness Date

07/26/2021

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