PPP Loan information for Patterson chip company inc

$330,703

Patterson chip company inc was initially approved for PPP Loan of amount $330,703, the current approved amount is $330,703. The loan was approved on 02/06/2021 by The Hometown Bank of Corbin, Inc. d/b/a Hometown Bank reported 45 jobs and $330,703 was used to fund payroll.

Patterson chip company inc is Existing or more than 2 years old

PPP Loan Search / KY / Corbin / Patterson chip company inc

PATTERSON CHIP COMPANY INC

Date Approved

02/06/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

PATTERSON CHIP COMPANY INC

Borrower Address

6179 S Hwy 25

Borrower City

Corbin

Borrower State

KY

Borrower Zip

40701

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330703.23

Current Approval Amount

330703.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124504

Servicing Lender Name

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Servicing Lender Address

1030 Cumberland Falls Hwy

Servicing Lender City

CORBIN

Servicing Lender State

KY

Servicing Lender Zip

40701-2713

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corbin

Project County Name

WHITLEY

Project State

KY

Project Zip

40701

CD

KY-05

Jobs Reported

45

NAICS Code

321999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

330701.23

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

124504

Originating Lender

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Originating Lender City

CORBIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

335342.14

Forgiveness Date

07/08/2022

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