PPP Loan information for Monticello development company, inc.

$97,007

Monticello development company, inc. was initially approved for PPP Loan of amount $97,007, the current approved amount is $97,007. The loan was approved on 04/07/2020 by The Monticello Banking Company reported 25 jobs and $97,007 was used to fund payroll.

Monticello development company, inc. is Existing or more than 2 years old

PPP Loan Search / KY / MONTICELLO / Monticello development company, inc.

MONTICELLO DEVELOPMENT COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MONTICELLO DEVELOPMENT COMPANY, INC.

Borrower Address

2098 N. Main St.

Borrower City

MONTICELLO

Borrower State

KY

Borrower Zip

42633-2049

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97006.62

Current Approval Amount

97006.62

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

27616

Servicing Lender Name

Monticello Banking Company

Servicing Lender Address

50 N Main St

Servicing Lender City

MONTICELLO

Servicing Lender State

KY

Servicing Lender Zip

42633-2851

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WAYNE

Project State

KY

Project Zip

42633-2049

CD

KY-05

Jobs Reported

25

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7400.00

Payroll Proceed

89606.62

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

27616

Originating Lender

Monticello Banking Company

Originating Lender City

MONTICELLO

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97736.86

Forgiveness Date

01/07/2021

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