PPP Loan information for Somerset internal medicine

$192,900

Somerset internal medicine was initially approved for PPP Loan of amount $192,900, the current approved amount is $192,900. The loan was approved on 04/06/2020 by The United Cumberland Bank reported 16 jobs and $192,900 was used to fund payroll.

Somerset internal medicine is Existing or more than 2 years old

SOMERSET INTERNAL MEDICINE

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SOMERSET INTERNAL MEDICINE

Borrower Address

10 TOWER CIR

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-3476

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192900.00

Current Approval Amount

192900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27983

Servicing Lender Name

United Cumberland Bank

Servicing Lender Address

47 S Main St

Servicing Lender City

WHITLEY CITY

Servicing Lender State

KY

Servicing Lender Zip

42653-6043

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

42503-3476

CD

KY-05

Jobs Reported

16

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21613.00

Payroll Proceed

144675.00

Mortgage Interest Proceed

21612.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27983

Originating Lender

United Cumberland Bank

Originating Lender City

WHITLEY CITY

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195415.63

Forgiveness Date

08/05/2021

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