Drives and Conveyors, Inc.

$166,538 PPP Loan in Corbin, Kentucky

Loan Details

Loan Number
7471907100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$166,538
Current Approval
$124,405
Forgiveness Amount
$125,427
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drives and Conveyors, Inc.
Address
3865 Cumberland Falls Hwy
City
Corbin
ZIP Code
40701-9042
Business Type
Corporation
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$93,805
Rent
$30,600

Lender Information

Servicing Lender
Hometown Bank of Corbin, Inc. D/b/a Hometown Bank
Originating Lender
Hometown Bank of Corbin, Inc. D/b/a Hometown Bank

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