BAKER GARDNER INSURANCE AGENCY, INC (KY) - 2020 PPP Loan Borrower Profile (# 8500627006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAKER GARDNER INSURANCE AGENCY, 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

8500627006

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$20,620

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$20,743.16

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,410

Payroll Proced

17,098

Rent Proceed

2,112

Lender

First Kentucky Bank, Inc.

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

MORGANTOWN, KY

Project Location

MORGANTOWN, 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.