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
- City
- Somerset
- State
- Kentucky
- 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
Other PPP Loans in Somerset, KY
| Business | Approved | |
|---|---|---|
| South Kentucky Rural Electric Cooperative | $3,087,600 | |
| Tru-Check, Inc. | $2,228,557 | |
| Coretrans, LLC | $1,926,417 | |
| Modern Distributors, Inc. | $1,701,672 | |
| Lake Cumberland Regional Mental Health-Mental Retardation | $1,612,664 |
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