BBT INC (KY) - 2020 PPP Loan Borrower Profile (# 5362807009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BBT 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

5362807009

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$925,700

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$934,725.57

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

58,514.68

Payroll Proced

694,275

Rent Proceed

172,910.32

Lender

The Citizens National Bank of Somerset

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

PAINTSVILLE, KY

Project Location

PAINTSVILLE, KY

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

352

Business Age Description

Existing or more than 2 years old

Data Source: SBA.