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Cumberland River Homes, INC

$294,800 PPP Loan in Salem, Kentucky

Loan Details

Loan Number
1126617207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$294,800
Current Approval
$294,800
Forgiveness Amount
$298,225
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cumberland River Homes, INC
Address
111 N Hayden Ave
City
Salem
State
Kentucky
ZIP Code
42078-8073
Business Type
Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
New Business or 2 years or less
Jobs Reported
47
Estimated Revenue
$9.7M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$258,800
Rent
$27,000
Utilities
$9,000

Lender Information

Servicing Lender
The Paducah Bank and Trust Company
Originating Lender
The Paducah Bank and Trust Company

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