PPP Loan information for Somerset pulaski county economic development authority inc

Date Approved

02/12/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SOMERSET PULASKI COUNTY ECONOMIC DEVELOPMENT AUTHORITY INC

Borrower Address

306 E Mount Vernon St

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42501-1332

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36615.50

Current Approval Amount

36615.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27923

Servicing Lender Name

Cumberland Security Bank

Servicing Lender Address

107 S Main St

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2005

Rural Urban Indicator

R

Hubzone Indicator

N

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

42501-1332

CD

KY-05

Jobs Reported

2

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

36612.50

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

27923

Originating Lender

Cumberland Security Bank

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

36789.42

Forgiveness Date

08/06/2021