PPP Loan information for Stitches, inc.

$213,078

Stitches, inc. was initially approved for PPP Loan of amount $213,078, the current approved amount is $213,078. The loan was approved on 04/14/2020 by The Macon Bank and Trust Company reported 54 jobs and $213,078 was used to fund payroll.

Stitches, inc. is Existing or more than 2 years old

STITCHES, INC.

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

STITCHES, INC.

Borrower Address

289 HOLLAND ST PO Box 70

Borrower City

GAMALIEL

Borrower State

KY

Borrower Zip

42140-8911

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213077.50

Current Approval Amount

213077.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68797

Servicing Lender Name

Macon Bank and Trust Company

Servicing Lender Address

609 Red Boiling Springs Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

TN

Servicing Lender Zip

37083-1315

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAMALIEL

Project County Name

MONROE

Project State

KY

Project Zip

42140-8911

CD

KY-01

Jobs Reported

54

NAICS Code

315280

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170462.00

Mortgage Interest Proceed

17453.80

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25161.70

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68797

Originating Lender

Macon Bank and Trust Company

Originating Lender City

LAFAYETTE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

214712.07

Forgiveness Date

01/25/2021

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