PPP Loan information for Promax inc

$79,800

Promax inc was initially approved for PPP Loan of amount $79,800, the current approved amount is $79,800. The loan was approved on 04/15/2020 by The Monticello Banking Company reported 6 jobs and $79,800 was used to fund payroll.

Promax inc is Existing or more than 2 years old

PROMAX INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PROMAX INC

Borrower Address

112 CANE RUN RD

Borrower City

STANFORD

Borrower State

KY

Borrower Zip

40484-8512

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79800.00

Current Approval Amount

79800.00

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

STANFORD

Project County Name

LINCOLN

Project State

KY

Project Zip

40484-8512

CD

KY-05

Jobs Reported

6

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1596.00

Payroll Proceed

70224.00

Mortgage Interest Proceed

0.00

Rent Proceed

7980.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80429.65

Forgiveness Date

02/04/2021

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