BPM LUMBER, LLC (KY) - 2020 PPP Loan Borrower Profile (# 5327417004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BPM LUMBER, LLC. 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

5327417004

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$2,207,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$2,047,955.32

Date Loan was Forgiven

Sep 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

551,750

Payroll Proced

1,655,250

Lender

1st Trust Bank, Inc.

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

444110

Borrower Location

LEXINGTON, KY

Project Location

LEXINGTON, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

170

Business Age Description

Existing or more than 2 years old

Data Source: SBA.