AGRADE CONSTRUCTION INC (KY) - 2020 PPP Loan Borrower Profile (# 2471868301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AGRADE CONSTRUCTION INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Kentucky.

Loan Detail

Loan Number

2471868301

SBA Office Code

0457

Processing Method

PPS

Curent Loan Amount

$50,400

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$50,953.71

Date Loan was Forgiven

Mar 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

50,395

Lender

Community Trust Bank, Inc.

Business Detail

Business Type

Corporation

NAICS

238290

Borrower Location

Elkhorn City, KY

Project Location

Elkhorn City, KY

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.