PPP Loan information for The federal materials company, llc

$505,565

The federal materials company, llc was initially approved for PPP Loan of amount $505,565, the current approved amount is $505,565. The loan was approved on 04/09/2020 by The Independence Bank of Kentucky reported 47 jobs and $505,565 was used to fund payroll.

The federal materials company, llc is Existing or more than 2 years old

THE FEDERAL MATERIALS COMPANY, LLC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

THE FEDERAL MATERIALS COMPANY, LLC

Borrower Address

2425 WAYNE SULLIVAN DR

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42003-0355

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505565.00

Current Approval Amount

505565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42003-0355

CD

KY-01

Jobs Reported

47

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

505565.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509540.26

Forgiveness Date

01/28/2021

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