The Medicine Shoppe of Somerset, Inc.
$561,800 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 1313807102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $561,800
- Current Approval
- $561,800
- Forgiveness Amount
- $565,026
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Medicine Shoppe of Somerset, Inc.
- Address
- 900 E Mt Vernon St
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42501-1228
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (446110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $9.9M
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $499,627
- Rent
- $12,000
- Utilities
- $2,000
- Health Care
- $48,173
Lender Information
- Servicing Lender
- The Citizens National Bank of Somerset
- Originating Lender
- The Citizens National Bank of Somerset
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|---|---|---|
| South Kentucky Rural Electric Cooperative | $3,087,600 |  Research |
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