PPP Loan information for Michelson jewelers, inc.

$157,091

Michelson jewelers, inc. was initially approved for PPP Loan of amount $157,091, the current approved amount is $157,091. The loan was approved on 04/27/2020 by The Community Financial Services Bank reported 9 jobs and $157,091 was used to fund payroll.

Michelson jewelers, inc. is Existing or more than 2 years old

MICHELSON JEWELERS, INC.

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MICHELSON JEWELERS, INC.

Borrower Address

5017 HINKLEVILLE ROAD STE. B

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42001-9166

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157090.54

Current Approval Amount

157090.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26808

Servicing Lender Name

Community Financial Services Bank

Servicing Lender Address

221 W 5th St

Servicing Lender City

BENTON

Servicing Lender State

KY

Servicing Lender Zip

42025-1135

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42001-9166

CD

KY-01

Jobs Reported

9

NAICS Code

448310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19636.31

Payroll Proceed

117817.91

Mortgage Interest Proceed

19636.32

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

26808

Originating Lender

Community Financial Services Bank

Originating Lender City

BENTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158089.03

Forgiveness Date

12/28/2020

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