PPP Loan information for Branch tool, inc.

$443,057

Branch tool, inc. was initially approved for PPP Loan of amount $443,057, the current approved amount is $443,057. The loan was approved on 04/08/2020 by The First Southern National Bank reported 23 jobs and $443,057 was used to fund payroll.

Branch tool, inc. is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Branch tool, inc.

BRANCH TOOL, INC.

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BRANCH TOOL, INC.

Borrower Address

680 CHAPPELLS DAIRY RD

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-4590

Loan Status Date

11/30/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

443057.00

Current Approval Amount

443057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27159

Servicing Lender Name

First Southern National Bank

Servicing Lender Address

27 Public Sq

Servicing Lender City

LANCASTER

Servicing Lender State

KY

Servicing Lender Zip

40444-1403

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42503-4590

CD

KY-05

Jobs Reported

23

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

443057.00

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

Subchapter S Corporation

Originating Lender Location Id

27159

Originating Lender

First Southern National Bank

Originating Lender City

LANCASTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

445751.76

Forgiveness Date

11/24/2020

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