PPP Loan information for Moorman farms, inc

$409,592

Moorman farms, inc was initially approved for PPP Loan of amount $500,100, the current approved amount is $409,592. The loan was approved on 04/08/2020 by The South Central Bank, Inc. reported 40 jobs and $409,592 was used to fund payroll.

Moorman farms, inc is Existing or more than 2 years old

MOORMAN FARMS, INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MOORMAN FARMS, INC

Borrower Address

1127 E MARKSBERRY RD

Borrower City

UTICA

Borrower State

KY

Borrower Zip

42376-9046

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500100.00

Current Approval Amount

409592.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UTICA

Project County Name

DAVIESS

Project State

KY

Project Zip

42376-9046

CD

KY-02

Jobs Reported

40

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

409592.00

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

412652.56

Forgiveness Date

01/12/2021

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