PPP Loan information for Lay-simpson furniture company, inc.

$20,700

Lay-simpson furniture company, inc. was initially approved for PPP Loan of amount $20,700, the current approved amount is $20,700. The loan was approved on 04/27/2020 by The The Citizens National Bank of Somerset reported 4 jobs and $20,700 was used to fund payroll.

Lay-simpson furniture company, inc. is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Lay-simpson furniture company, inc.

LAY-SIMPSON FURNITURE COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAY-SIMPSON FURNITURE COMPANY, INC.

Borrower Address

402 E MOUNT VERNON ST

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-1302

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20700.00

Current Approval Amount

20700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

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

42501-1302

CD

KY-05

Jobs Reported

4

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2400.00

Payroll Proceed

15900.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20876.52

Forgiveness Date

03/10/2021

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