PPP Loan information for Lake cumberland area development district inc

Date Approved

08/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAKE CUMBERLAND AREA DEVELOPMENT DISTRICT INC

Borrower Address

2384 LAKEWAY DR

Borrower City

RUSSELL SPRINGS

Borrower State

KY

Borrower Zip

42642-4509

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

538855.41

Current Approval Amount

538855.41

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27874

Servicing Lender Name

The First National Bank of Russell Springs

Servicing Lender Address

36 W Steve Wariner Dr

Servicing Lender City

RUSSELL SPRINGS

Servicing Lender State

KY

Servicing Lender Zip

42642

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RUSSELL SPRINGS

Project County Name

RUSSELL

Project State

KY

Project Zip

42642-4509

CD

KY-01

Jobs Reported

82

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

538855.41

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

27874

Originating Lender

The First National Bank of Russell Springs

Originating Lender City

RUSSELL SPRINGS

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

541519.75

Forgiveness Date

02/09/2021