PPP Loan information for Standafer builders inc

$265,935

Standafer builders inc was initially approved for PPP Loan of amount $265,935, the current approved amount is $265,935. The loan was approved on 04/06/2020 by The Bank of the Mountains, Inc. reported 22 jobs and $265,935 was used to fund payroll.

Standafer builders inc is Existing or more than 2 years old

STANDAFER BUILDERS INC

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

STANDAFER BUILDERS INC

Borrower Address

1178 MAIN ST

Borrower City

WEST LIBERTY

Borrower State

KY

Borrower Zip

41472-2010

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265935.00

Current Approval Amount

265935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27970

Servicing Lender Name

Bank of the Mountains, Inc.

Servicing Lender Address

204 Court St

Servicing Lender City

WEST LIBERTY

Servicing Lender State

KY

Servicing Lender Zip

41472-1118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST LIBERTY

Project County Name

MORGAN

Project State

KY

Project Zip

41472-2010

CD

KY-05

Jobs Reported

22

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

234935.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27970

Originating Lender

Bank of the Mountains, Inc.

Originating Lender City

WEST LIBERTY

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267414.04

Forgiveness Date

11/03/2020

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