PPP Loan information for Prestonsburg village arch, inc

$383,900

Prestonsburg village arch, inc was initially approved for PPP Loan of amount $383,900, the current approved amount is $383,900. The loan was approved on 04/04/2020 by The The Citizens National Bank of Somerset reported 133 jobs and $383,900 was used to fund payroll.

Prestonsburg village arch, inc is Existing or more than 2 years old

PRESTONSBURG VILLAGE ARCH, INC

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PRESTONSBURG VILLAGE ARCH, INC

Borrower Address

1104 3RD ST

Borrower City

PAINTSVILLE

Borrower State

KY

Borrower Zip

41240-1822

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383900.00

Current Approval Amount

383900.00

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

PAINTSVILLE

Project County Name

JOHNSON

Project State

KY

Project Zip

41240-1822

CD

KY-05

Jobs Reported

133

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37997.00

Payroll Proceed

287931.00

Mortgage Interest Proceed

0.00

Rent Proceed

57972.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

387643.02

Forgiveness Date

03/31/2021

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