PPP Loan information for Rachlin enterprises inc

$68,145

Rachlin enterprises inc was initially approved for PPP Loan of amount $68,145, the current approved amount is $68,145. The loan was approved on 02/04/2021 by The South Central Bank, Inc. reported 17 jobs and $68,145 was used to fund payroll.

Rachlin enterprises inc is Existing or more than 2 years old

PPP Loan Search / KY / Elizabethtown / Rachlin enterprises inc

RACHLIN ENTERPRISES INC

Date Approved

02/04/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RACHLIN ENTERPRISES INC

Borrower Address

339 Bates Rd

Borrower City

Elizabethtown

Borrower State

KY

Borrower Zip

42701-9554

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68145.00

Current Approval Amount

68145.00

Undisbursed Amount

0.00

Franchise Name

Supercuts

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elizabethtown

Project County Name

HARDIN

Project State

KY

Project Zip

42701-9554

CD

KY-02

Jobs Reported

17

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68140.00

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68534.94

Forgiveness Date

09/07/2021

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