PPP Loan information for Layton farms inc

$20,833

Layton farms inc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/24/2021 by The Magnolia Bank Incorporated reported 1 jobs and $20,833 was used to fund payroll.

Layton farms inc is Existing or more than 2 years old

LAYTON FARMS INC

Date Approved

03/24/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAYTON FARMS INC

Borrower Address

3481 Cave Ridge New Liberty Rd

Borrower City

Knob Lick

Borrower State

KY

Borrower Zip

42154-8342

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Knob Lick

Project County Name

METCALFE

Project State

KY

Project Zip

42154-8342

CD

KY-01

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Corporation

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20970.15

Forgiveness Date

11/26/2021

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