PPP Loan information for Merit farms of kansas inc

$330,200

Merit farms of kansas inc was initially approved for PPP Loan of amount $330,200, the current approved amount is $330,200. The loan was approved on 04/08/2020 by The South Central Bank, Inc. reported 55 jobs and $330,200 was used to fund payroll.

Merit farms of kansas inc is Existing or more than 2 years old

PPP Loan Search / KY / FOUNTAIN RUN / Merit farms of kansas inc

MERIT FARMS OF KANSAS INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MERIT FARMS OF KANSAS INC

Borrower Address

219 Lebanon Church Rd

Borrower City

FOUNTAIN RUN

Borrower State

KY

Borrower Zip

42133-8747

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330200.00

Current Approval Amount

330200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOUNTAIN RUN

Project County Name

MONROE

Project State

KY

Project Zip

42133-8747

CD

KY-01

Jobs Reported

55

NAICS Code

311615

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330200.00

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

Subchapter S Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332557.26

Forgiveness Date

12/31/2020

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