PPP Loan information for Cumberland appliance center inc

$20,902

Cumberland appliance center inc was initially approved for PPP Loan of amount $20,902, the current approved amount is $20,902. The loan was approved on 01/26/2021 by The Cumberland Security Bank reported 3 jobs and $20,902 was used to fund payroll.

Cumberland appliance center inc is Existing or more than 2 years old

PPP Loan Search / KY / Somerset / Cumberland appliance center inc

CUMBERLAND APPLIANCE CENTER INC

Date Approved

01/26/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

CUMBERLAND APPLIANCE CENTER INC

Borrower Address

178 S Highway 27

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42501-1783

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20902.10

Current Approval Amount

20902.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27923

Servicing Lender Name

Cumberland Security Bank

Servicing Lender Address

107 S Main St

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2005

Rural Urban Indicator

R

Hubzone Indicator

Y

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

42501-1783

CD

KY-05

Jobs Reported

3

NAICS Code

423620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20896.10

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

27923

Originating Lender

Cumberland Security Bank

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21001.97

Forgiveness Date

07/20/2021

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