Cumberland Machinery Movers and Industrial Services, Inc.

$786,350 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
3593487203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$786,350
Current Approval
$786,350
Forgiveness Amount
$792,727
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cumberland Machinery Movers and Industrial Services, Inc.
Address
516 South Main Street
ZIP Code
42502
Business Type
Corporation
Industry (NAICS)
Construction (238290)
Business Age
Change of Ownership
Jobs Reported
53
Estimated Revenue
$16.9M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$668,385
Utilities
$39,320
Health Care
$39,320
Mortgage Interest
$39,325

Lender Information

Servicing Lender
United Cumberland Bank
Originating Lender
United Cumberland Bank

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