Southern States Somerset
$238,200 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 4339958404
- Date Approved
- Feb 6, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $238,200
- Current Approval
- $238,200
- Forgiveness Amount
- $239,537
- Forgiveness Date
- Sep 1, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Southern States Somerset
- Address
- 271 Highway 2227
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42503-1580
- Business Type
- Cooperative
- Industry (NAICS)
- Transportation and Warehousing (493130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.1M
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $238,194
- Utilities
- $1
Lender Information
- Servicing Lender
- South Central Bank, Inc.
- Originating Lender
- South Central Bank, Inc.
Other PPP Loans in Somerset, KY
| Business | Approved | |
|---|---|---|
| South Kentucky Rural Electric Cooperative | $3,087,600 |  AI Deep Dive |
| Tru-Check, Inc. | $2,228,557 | AI Deep Dive |
| Coretrans, LLC | $1,926,417 | AI Deep Dive |
| Modern Distributors, Inc. | $1,701,672 | AI Deep Dive |
| Lake Cumberland Regional Mental Health-Mental Retardation | $1,612,664 | AI Deep Dive |
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