BILLY ARNETT (KY) - 2020 PPP Loan Borrower Profile (# 5613257408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BILLY ARNETT. 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

5613257408

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$1,985.42

Date Loan was Approved

May 12, 2020

Amount Forgiven

$1,999.65

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,985.42

Lender

Peoples Bank of East Tennessee

Business Detail

Business Type

Self-Employed Individuals

NAICS

813110

Borrower Location

SOMERSET, KY

Project Location

SOMERSET, KY

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.