BILLY M. MARTIN PALLET (KY) - 2020 PPP Loan Borrower Profile (# 6202337201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BILLY M. MARTIN PALLET. 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

6202337201

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$2,550

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$2,583.25

Date Loan was Forgiven

Aug 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

250

Payroll Proced

2,050

Mortgage Interest Proceed

100

Rent Proceed

100

Debt Interest Proceed

Lender

United Cumberland Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

321920

Borrower Location

PINE KNOT, KY

Project Location

PINE KNOT, 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.