PPP Loan information for Tug valley arch, inc.

$155,400

Tug valley arch, inc. was initially approved for PPP Loan of amount $155,400, the current approved amount is $155,400. The loan was approved on 04/04/2020 by The The Citizens National Bank of Somerset reported 55 jobs and $155,400 was used to fund payroll.

Tug valley arch, inc. is Existing or more than 2 years old

TUG VALLEY ARCH, INC.

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TUG VALLEY ARCH, INC.

Borrower Address

1104 3RD ST

Borrower City

PAINTSVILLE

Borrower State

KY

Borrower Zip

41240-1822

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155400.00

Current Approval Amount

155400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAINTSVILLE

Project County Name

JOHNSON

Project State

KY

Project Zip

41240-1822

CD

KY-05

Jobs Reported

55

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15426.00

Payroll Proceed

116588.00

Mortgage Interest Proceed

0.00

Rent Proceed

23386.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156915.15

Forgiveness Date

03/31/2021

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