PPP Loan information for Walnut specialists inc

$209,400

Walnut specialists inc was initially approved for PPP Loan of amount $209,400, the current approved amount is $209,400. The loan was approved on 04/13/2020 by The The Citizens National Bank of Somerset reported 24 jobs and $209,400 was used to fund payroll.

Walnut specialists inc is Existing or more than 2 years old

WALNUT SPECIALISTS INC

Date Approved

04/13/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WALNUT SPECIALISTS INC

Borrower Address

717 S HIGHWAY 1275

Borrower City

MONTICELLO

Borrower State

KY

Borrower Zip

42633-2083

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209400.00

Current Approval Amount

209400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WAYNE

Project State

KY

Project Zip

42633-2083

CD

KY-05

Jobs Reported

24

NAICS Code

337127

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12200.00

Payroll Proceed

182445.90

Mortgage Interest Proceed

13854.10

Rent Proceed

900.00

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

200474.54

Forgiveness Date

11/03/2020

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