PPP Loan information for Morehead ventures llc

$89,390

Morehead ventures llc was initially approved for PPP Loan of amount $89,390, the current approved amount is $89,390. The loan was approved on 02/08/2021 by The Central Bank & Trust Co. reported 24 jobs and $89,390 was used to fund payroll.

Morehead ventures llc is Existing or more than 2 years old

MOREHEAD VENTURES LLC

Date Approved

02/08/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

MOREHEAD VENTURES LLC

Borrower Address

500 Hampton Way

Borrower City

Morehead

Borrower State

KY

Borrower Zip

40351-7585

Loan Status Date

10/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89390.00

Current Approval Amount

89390.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morehead

Project County Name

ROWAN

Project State

KY

Project Zip

40351-7585

CD

KY-05

Jobs Reported

24

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89384.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89958.62

Forgiveness Date

09/29/2021

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