BONDTECH CORPORATION (KY) - 2020 PPP Loan Borrower Profile (# 8388587006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BONDTECH CORPORATION. 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

8388587006

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$375,700

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$377,828.97

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,500

Payroll Proced

290,251.34

Rent Proceed

40,000

Health Care Proceed

38,948.66

Lender

The Citizens National Bank of Somerset

Business Detail

Business Type

Subchapter S Corporation

NAICS

339113

Borrower Location

SOMERSET, KY

Project Location

SOMERSET, 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.