PPP Loan information for Layne's ace hardware, inc.

$74,280

Layne's ace hardware, inc. was initially approved for PPP Loan of amount $74,280, the current approved amount is $74,280. The loan was approved on 06/18/2020 by The Peoples Bank reported 14 jobs and $74,280 was used to fund payroll.

Layne's ace hardware, inc. is Existing or more than 2 years old

PPP Loan Search / KY / PRESTONSBURG / Layne's ace hardware, inc.

LAYNE'S ACE HARDWARE, INC.

Date Approved

06/18/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAYNE'S ACE HARDWARE, INC.

Borrower Address

514 NORTH LAKE DR

Borrower City

PRESTONSBURG

Borrower State

KY

Borrower Zip

41653-1278

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74280.00

Current Approval Amount

74280.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESTONSBURG

Project County Name

FLOYD

Project State

KY

Project Zip

41653-1278

CD

KY-05

Jobs Reported

14

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44568.00

Mortgage Interest Proceed

0.00

Rent Proceed

29712.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

74680.29

Forgiveness Date

01/08/2021

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