NewBizBot
Try for Free

T & T Motors, Inc.

$446,500 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
6162607008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$446,500
Current Approval
$512,000
Forgiveness Amount
$515,214
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
T & T Motors, Inc.
Address
4195 S Highway 27
City
Somerset
State
Kentucky
ZIP Code
42501-6189
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$384,000
Rent
$45,000
Utilities
$20,000
Health Care
$43,000
Debt Interest
$20,000

Lender Information

Servicing Lender
The Citizens National Bank of Somerset
Originating Lender
The Citizens National Bank of Somerset

Other PPP Loans in Somerset, KY

BusinessApproved
South Kentucky Rural Electric Cooperative$3,087,600NewBizBotResearch
Tru-Check, Inc.$2,228,557NewBizBotResearch
Coretrans, LLC$1,926,417NewBizBotResearch
Modern Distributors, Inc.$1,701,672NewBizBotResearch
Lake Cumberland Regional Mental Health-Mental Retardation$1,612,664NewBizBotResearch

Want to research this company further?

Try NewBizBot free