PPP Loan information for Old friends inc.

$108,588

Old friends inc. was initially approved for PPP Loan of amount $108,588, the current approved amount is $108,588. The loan was approved on 01/28/2021 by The Independence Bank of Kentucky reported 17 jobs and $108,588 was used to fund payroll.

Old friends inc. is Existing or more than 2 years old

OLD FRIENDS INC.

Date Approved

01/28/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

OLD FRIENDS INC.

Borrower Address

1841 Paynes Depot Rd

Borrower City

Georgetown

Borrower State

KY

Borrower Zip

40324-9138

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108588.25

Current Approval Amount

108588.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Georgetown

Project County Name

SCOTT

Project State

KY

Project Zip

40324-9138

CD

KY-06

Jobs Reported

17

NAICS Code

112920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

108585.25

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

Non-Profit Organization

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

109153.50

Forgiveness Date

08/11/2021

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