Burger Queen of Somerset East, Inc.

$122,000 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
4715497003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$122,000
Current Approval
$122,000
Forgiveness Amount
$123,125
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Burger Queen of Somerset East, Inc.
Address
205 N Main St
ZIP Code
42501-1404
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
34
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$103,000
Rent
$15,000
Utilities
$4,000

Lender Information

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

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