BPI PAINTING COMPANY (KY) - 2020 PPP Loan Borrower Profile (# 1887628407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BPI PAINTING COMPANY. 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

1887628407

SBA Office Code

0457

Processing Method

PPS

Curent Loan Amount

$594,000

Date Loan was Approved

Feb 2, 2021

Amount Forgiven

$575,327.41

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

593,997

Lender

U.S. Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238320

Borrower Location

Newport, KY

Project Location

Newport, 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.