PPP Loan information for Webbed sphere inc

$1,543,500

Webbed sphere inc was initially approved for PPP Loan of amount $1,543,500, the current approved amount is $1,543,500. The loan was approved on 04/08/2020 by The Forcht Bank, National Association reported 238 jobs and $1,543,500 was used to fund payroll.

Webbed sphere inc is Existing or more than 2 years old

PPP Loan Search / KY / CORBIN / Webbed sphere inc

WEBBED SPHERE INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WEBBED SPHERE INC

Borrower Address

250 AMERICAN GREETING CARD RD

Borrower City

CORBIN

Borrower State

KY

Borrower Zip

40701-4801

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1543500.00

Current Approval Amount

1543500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORBIN

Project County Name

LAUREL

Project State

KY

Project Zip

40701-4801

CD

KY-05

Jobs Reported

238

NAICS Code

454110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

308700.00

Payroll Proceed

1234800.00

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

Corporation

Originating Lender Location Id

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1557348.62

Forgiveness Date

03/05/2021

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