PPP Loan information for Cumberland machinery movers and industrial services, inc.

$786,350

Cumberland machinery movers and industrial services, inc. was initially approved for PPP Loan of amount $786,350, the current approved amount is $786,350. The loan was approved on 04/27/2020 by The United Cumberland Bank reported 53 jobs and $786,350 was used to fund payroll.

Cumberland machinery movers and industrial services, inc. is Change of Ownership

PPP Loan Search / KY / Somerset / Cumberland machinery movers and industrial services, inc.

CUMBERLAND MACHINERY MOVERS AND INDUSTRIAL SERVICES, INC.

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CUMBERLAND MACHINERY MOVERS AND INDUSTRIAL SERVICES, INC.

Borrower Address

516 South Main Street

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42502

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

786350.00

Current Approval Amount

786350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27983

Servicing Lender Name

United Cumberland Bank

Servicing Lender Address

47 S Main St

Servicing Lender City

WHITLEY CITY

Servicing Lender State

KY

Servicing Lender Zip

42653-6043

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

Somerset

Project County Name

PULASKI

Project State

KY

Project Zip

42502-0001

CD

KY-05

Jobs Reported

53

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

39320.00

Payroll Proceed

668385.00

Mortgage Interest Proceed

39325.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39320.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27983

Originating Lender

United Cumberland Bank

Originating Lender City

WHITLEY CITY

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

792726.98

Forgiveness Date

02/18/2021

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