First Baptist Church of Somerset INC

$159,600 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
7365267007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$159,600
Current Approval
$159,600
Forgiveness Amount
$160,487
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
First Baptist Church of Somerset INC
Address
128 North Main St
ZIP Code
42501-1465
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$120,550
Utilities
$19,000
Health Care
$17,568
Mortgage Interest
$2,482

Lender Information

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

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