PPP Loan information for Phelps hardware co., inc.

$130,625

Phelps hardware co., inc. was initially approved for PPP Loan of amount $130,625, the current approved amount is $130,625. The loan was approved on 04/07/2020 by The Forcht Bank, National Association reported 29 jobs and $130,625 was used to fund payroll.

Phelps hardware co., inc. is Existing or more than 2 years old

PHELPS HARDWARE CO., INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PHELPS HARDWARE CO., INC.

Borrower Address

401 FAIRDALE RD

Borrower City

FAIRDALE

Borrower State

KY

Borrower Zip

40118-9701

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130625.00

Current Approval Amount

130625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRDALE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40118-9701

CD

KY-03

Jobs Reported

29

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26125.00

Payroll Proceed

104500.00

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

Corporation

Originating Lender Location Id

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131644.60

Forgiveness Date

01/25/2021

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