Mac Metal Sales, INC
$514,900 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 8167147010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $514,900
- Current Approval
- $514,900
- Forgiveness Amount
- $517,789
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mac Metal Sales, INC
- Address
- 1650 W Highway 80
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42503-3749
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332322)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 63
- Estimated Revenue
- $15.4M
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $388,425
- Rent
- $50,000
- Utilities
- $11,800
- Health Care
- $34,807
- Debt Interest
- $29,868
Lender Information
- Servicing Lender
- The Citizens National Bank of Somerset
- Originating Lender
- The Citizens National Bank of Somerset
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 | |
| Modern Distributors, Inc. | $1,701,672 | |
| Lake Cumberland Regional Mental Health-Mental Retardation | $1,612,664 |
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