Modern Distributors, Inc.
$1,701,672 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 6006417008
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,701,672
- Current Approval
- $1,701,672
- Forgiveness Amount
- $935,061
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Distributors, Inc.
- Address
- 817 West Columbia Street
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42501-1729
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424940)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 202
- Estimated Revenue
- $52.0M
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $1,701,672
Lender Information
- Servicing Lender
- First Southern National Bank
- Originating Lender
- First Southern National Bank
Other PPP Loans in Somerset, KY
| Business | Approved | |
|---|---|---|
| South Kentucky Rural Electric Cooperative | $3,087,600 | |
| Tru-Check, Inc. | $2,228,557 | |
| Coretrans, LLC | $1,926,417 | |
| Lake Cumberland Regional Mental Health-Mental Retardation | $1,612,664 | |
| Gator-Made Inc. | $1,322,600 |
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