PPP Loan information for National properties inc

$100,900

National properties inc was initially approved for PPP Loan of amount $100,900, the current approved amount is $100,900. The loan was approved on 04/13/2020 by The The Citizens National Bank of Somerset reported 25 jobs and $100,900 was used to fund payroll.

National properties inc is Existing or more than 2 years old

NATIONAL PROPERTIES INC

Date Approved

04/13/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

NATIONAL PROPERTIES INC

Borrower Address

231 LAKE CLIFF DR

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-9728

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100900.00

Current Approval Amount

100900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42503-9728

CD

KY-05

Jobs Reported

25

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

75675.00

Mortgage Interest Proceed

9925.00

Rent Proceed

7300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101628.72

Forgiveness Date

01/07/2021

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