BENES OF MT. STERLING, INC (KY) - 2020 PPP Loan Borrower Profile (# 5674547002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BENES OF MT. STERLING, 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

5674547002

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$46,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$46,996.85

Date Loan was Forgiven

May 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

46,500

Lender

Traditional Bank, Inc.

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

RICHMOND, KY

Project Location

RICHMOND, KY

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.