PPP Loan information for Ribolt fabrication

$94,500

Ribolt fabrication was initially approved for PPP Loan of amount $94,500, the current approved amount is $94,500. The loan was approved on 04/14/2020 by The Peoples Bank reported 10 jobs and $94,500 was used to fund payroll.

Ribolt fabrication is Existing or more than 2 years old

RIBOLT FABRICATION

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RIBOLT FABRICATION

Borrower Address

17615 W KY 9

Borrower City

TOLLESBORO

Borrower State

KY

Borrower Zip

41189-8244

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94500.00

Current Approval Amount

94500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOLLESBORO

Project County Name

LEWIS

Project State

KY

Project Zip

41189-8244

CD

KY-04

Jobs Reported

10

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6500.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

95059.12

Forgiveness Date

11/23/2020

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