Branch Tool INC

$410,900 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
4038198310
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$410,900
Current Approval
$410,900
Forgiveness Amount
$414,587
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Branch Tool INC
Address
680 Chappells Dairy Rd
ZIP Code
42503-4590
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$410,894
Utilities
$1

Lender Information

Servicing Lender
South Central Bank, Inc.
Originating Lender
South Central Bank, Inc.

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