PPP Loan information for Nathan choate

$10,695

Nathan choate was initially approved for PPP Loan of amount $10,695, the current approved amount is $10,695. The loan was approved on 01/30/2021 by The Magnolia Bank Incorporated reported 1 jobs and $10,695 was used to fund payroll.

Nathan choate is Existing or more than 2 years old

NATHAN CHOATE

Date Approved

01/30/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

NATHAN CHOATE

Borrower Address

450 Port Wooden Rd

Borrower City

Upton

Borrower State

KY

Borrower Zip

42784-9218

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10695.00

Current Approval Amount

10695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upton

Project County Name

HART

Project State

KY

Project Zip

42784-9218

CD

KY-02

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

10692.00

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

Sole Proprietorship

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10780.86

Forgiveness Date

11/26/2021

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