Don Franklin Somerset Inc.

$823,500 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
4866057008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$823,500
Current Approval
$823,500
Forgiveness Amount
$834,149
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Don Franklin Somerset Inc.
Address
1147 Highway 27
ZIP Code
42501-3524
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$19.7M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$823,500

Lender Information

Servicing Lender
Community Trust Bank, Inc.
Originating Lender
Community Trust Bank, Inc.

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