Date Approved
02/06/2021
SBA Office Code
0457
Processing Method
PPS
Borrower Name
SOUTHERN STATES SOMERSET
Borrower Address
271 Highway 2227
Borrower City
Somerset
Borrower State
KY
Borrower Zip
42503-1580
Loan Status Date
09/28/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
238200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
27775
Servicing Lender Name
South Central Bank, Inc.
Servicing Lender Address
501 S L Rogers Wells Blvd
Servicing Lender City
GLASGOW
Servicing Lender State
Servicing Lender Zip
42141
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PULASKI
Project State
Project Zip
CD
KY-05
Jobs Reported
20
NAICS Code
493130
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
238194.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Cooperative
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
239536.57
Forgiveness Date
09/01/2021