PPP Loan information for Profab, inc.

$89,872

Profab, inc. was initially approved for PPP Loan of amount $89,872, the current approved amount is $89,872. The loan was approved on 04/08/2020 by The Monticello Banking Company reported 14 jobs and $89,872 was used to fund payroll.

Profab, inc. is Existing or more than 2 years old

PROFAB, INC.

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PROFAB, INC.

Borrower Address

232 PARKERS MILL RD

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-3151

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89871.57

Current Approval Amount

89871.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27616

Servicing Lender Name

Monticello Banking Company

Servicing Lender Address

50 N Main St

Servicing Lender City

MONTICELLO

Servicing Lender State

KY

Servicing Lender Zip

42633-2851

Rural Urban Indicator

R

Hubzone Indicator

Y

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

42501-3151

CD

KY-05

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72000.00

Mortgage Interest Proceed

8671.57

Rent Proceed

9200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27616

Originating Lender

Monticello Banking Company

Originating Lender City

MONTICELLO

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90490.69

Forgiveness Date

12/21/2020

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