PPP Loan information for Sam's transmission inc

$21,500

Sam's transmission inc was initially approved for PPP Loan of amount $21,500, the current approved amount is $21,500. The loan was approved on 01/20/2021 by The Cumberland Security Bank reported 3 jobs and $21,500 was used to fund payroll.

Sam's transmission inc is Existing or more than 2 years old

PPP Loan Search / KY / Somerset / Sam's transmission inc

SAM'S TRANSMISSION INC

Date Approved

01/20/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

SAM'S TRANSMISSION INC

Borrower Address

703 Correll St

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42503-2839

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21500.00

Current Approval Amount

21500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27923

Servicing Lender Name

Cumberland Security Bank

Servicing Lender Address

107 S Main St

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2005

Rural Urban Indicator

R

Hubzone Indicator

Y

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

42503-2839

CD

KY-05

Jobs Reported

3

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21500.00

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

Subchapter S Corporation

Originating Lender Location Id

27923

Originating Lender

Cumberland Security Bank

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21608.10

Forgiveness Date

07/23/2021

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