PPP Loan information for Rips farm center, inc.

$300,000

Rips farm center, inc. was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/07/2020 by The Community Trust Bank, Inc. reported 45 jobs and $300,000 was used to fund payroll.

Rips farm center, inc. is Existing or more than 2 years old

RIPS FARM CENTER, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RIPS FARM CENTER, INC.

Borrower Address

PO BOX 176 214 LIONS CLUB ROAD

Borrower City

TOLLESBORO

Borrower State

KY

Borrower Zip

41189-0176

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

N

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

41189-0176

CD

KY-04

Jobs Reported

45

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303682.19

Forgiveness Date

07/07/2021

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