PPP Loan information for Commonwealth broadcasting corporation

$265,200

Commonwealth broadcasting corporation was initially approved for PPP Loan of amount $265,200, the current approved amount is $265,200. The loan was approved on 04/08/2020 by The German American Bank reported 35 jobs and $265,200 was used to fund payroll.

Commonwealth broadcasting corporation is Existing or more than 2 years old

COMMONWEALTH BROADCASTING CORPORATION

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

COMMONWEALTH BROADCASTING CORPORATION

Borrower Address

113 W PUBLIC SQ STE 400

Borrower City

GLASGOW

Borrower State

KY

Borrower Zip

42142-2438

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265200.00

Current Approval Amount

265200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLASGOW

Project County Name

BARREN

Project State

KY

Project Zip

42142-2438

CD

KY-02

Jobs Reported

35

NAICS Code

515112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

265200.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266645.88

Forgiveness Date

11/03/2020

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