Burger Queen of Somerset, Inc.

$124,700 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
4708377004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$124,700
Current Approval
$124,700
Forgiveness Amount
$125,850
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Burger Queen of Somerset, Inc.
Address
475 S. Hwy 27
ZIP Code
42501-3401
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Dairy Queen Operating Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$106,200
Rent
$15,000
Utilities
$3,500

Lender Information

Servicing Lender
Cumberland Valley National Bank & Trust Company
Originating Lender
Cumberland Valley National Bank & Trust Company

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