The Center for Rural Development, INC
$393,000 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 4898537004
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $393,000
- Current Approval
- $452,500
- Forgiveness Amount
- $455,492
- Forgiveness Date
- Dec 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Center for Rural Development, INC
- Address
- 2292 S Highway 27 Suite 300
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42501-2905
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Public Administration (925120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $354,250
- Utilities
- $29,250
- Health Care
- $60,000
- Mortgage Interest
- $9,000
Lender Information
- Servicing Lender
- The Citizens National Bank of Somerset
- Originating Lender
- The Citizens National Bank of Somerset
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