Patterson Chip Company INC

$247,400 PPP Loan in Corbin, Kentucky

Loan Details

Loan Number
1798877109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$247,400
Current Approval
$247,400
Forgiveness Amount
$248,871
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Patterson Chip Company INC
Address
6179 S Hwy 25
City
Corbin
ZIP Code
40701-9998
Business Type
Corporation
Industry (NAICS)
Manufacturing (321219)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$34.7M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$208,400
Utilities
$14,694
Health Care
$24,306

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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