PPP Loan information for Lonnie's redi mart

$23,656

Lonnie's redi mart was initially approved for PPP Loan of amount $23,656, the current approved amount is $23,656. The loan was approved on 05/22/2020 by The Peoples Bank reported 10 jobs and $23,656 was used to fund payroll.

Lonnie's redi mart is Existing or more than 2 years old

LONNIE'S REDI MART

Date Approved

05/22/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LONNIE'S REDI MART

Borrower Address

610 E. MAIN ST

Borrower City

STANFORD

Borrower State

KY

Borrower Zip

40484-1403

Loan Status Date

06/22/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23655.50

Current Approval Amount

23655.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27035

Servicing Lender Name

Peoples Bank

Servicing Lender Address

265 Old Springfield Rd

Servicing Lender City

LEBANON

Servicing Lender State

KY

Servicing Lender Zip

40033-9176

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANFORD

Project County Name

LINCOLN

Project State

KY

Project Zip

40484-1403

CD

KY-05

Jobs Reported

10

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5913.87

Payroll Proceed

17741.63

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

Sole Proprietorship

Originating Lender Location Id

27035

Originating Lender

Peoples Bank

Originating Lender City

LEBANON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23953.17

Forgiveness Date

08/24/2021

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