Tri City Motors No 1 INC

$51,100 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
7712047006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$51,100
Current Approval
$51,100
Forgiveness Amount
$51,446
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tri City Motors No 1 INC
Address
1236 Highway 27
ZIP Code
42501-3525
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$42,697
Utilities
$1,500
Health Care
$2,300
Debt Interest
$4,603

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$3,087,600NewBizBotAI Deep Dive
Tru-Check, Inc.$2,228,557NewBizBotAI Deep Dive
Coretrans, LLC$1,926,417NewBizBotAI Deep Dive
Modern Distributors, Inc.$1,701,672NewBizBotAI Deep Dive
Lake Cumberland Regional Mental Health-Mental Retardation$1,612,664NewBizBotAI Deep Dive

Want to research this company further?