PPP Loan information for Don franklin somerset inc.

$823,500

Don franklin somerset inc. was initially approved for PPP Loan of amount $823,500, the current approved amount is $823,500. The loan was approved on 04/04/2020 by The Community Trust Bank, Inc. reported 78 jobs and $823,500 was used to fund payroll.

Don franklin somerset inc. is Existing or more than 2 years old

DON FRANKLIN SOMERSET INC.

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DON FRANKLIN SOMERSET INC.

Borrower Address

1147 HIGHWAY 27

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-3524

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

823500.00

Current Approval Amount

823500.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

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

42501-3524

CD

KY-05

Jobs Reported

78

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

823500.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

834149.10

Forgiveness Date

08/02/2021

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