BEST CHOICE SUPPLY COMPANY, INC. (KY) - 2020 PPP Loan Borrower Profile (# 4928287003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEST CHOICE SUPPLY COMPANY, 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

4928287003

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$381,600

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$383,722.32

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,600

Payroll Proced

300,000

Rent Proceed

75,000

Lender

Bank of the Bluegrass & Trust Company

Business Detail

Business Type

Corporation

NAICS

423730

Borrower Location

LEXINGTON, KY

Project Location

LEXINGTON, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.