PPP Loan information for Organilock, inc

$107,097

Organilock, inc was initially approved for PPP Loan of amount $114,302, the current approved amount is $107,097. The loan was approved on 04/07/2020 by The First United Bank and Trust Company reported 7 jobs and $107,097 was used to fund payroll.

Organilock, inc is Existing or more than 2 years old

ORGANILOCK, INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ORGANILOCK, INC

Borrower Address

4100 NEBO ROAD

Borrower City

MADISONVILLE

Borrower State

KY

Borrower Zip

42431-8468

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114302.00

Current Approval Amount

107097.46

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119852

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

162 N Main St

Servicing Lender City

MADISONVILLE

Servicing Lender State

KY

Servicing Lender Zip

42431-1976

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISONVILLE

Project County Name

HOPKINS

Project State

KY

Project Zip

42431-8468

CD

KY-01

Jobs Reported

7

NAICS Code

115112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107097.46

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

119852

Originating Lender

First United Bank and Trust Company

Originating Lender City

MADISONVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107948.37

Forgiveness Date

02/02/2021

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