BLUEGRASS CUT & SEW, INC. (KY) - 2020 PPP Loan Borrower Profile (# 7028407207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLUEGRASS CUT & SEW, 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

7028407207

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$53,756.32

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$54,114.7

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,439.08

Payroll Proced

40,317.24

Lender

Peoples Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

315210

Borrower Location

LIBERTY, KY

Project Location

LIBERTY, KY

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.