BACK'S AUTO SALES & AUCTION INC. (KY) - 2020 PPP Loan Borrower Profile (# 2459078504)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BACK'S AUTO SALES & AUCTION 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

2459078504

SBA Office Code

0457

Processing Method

PPS

Curent Loan Amount

$117,000

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$118,256.55

Date Loan was Forgiven

Mar 29, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

117,000

Lender

Community Trust Bank, Inc.

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

Mount Sterling, KY

Project Location

Mount Sterling, KY

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.