CAC VENTURES, INC. (KY) - 2020 PPP Loan Borrower Profile (# 6510917102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CAC VENTURES, 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

6510917102

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$745,000

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$754,673.83

Date Loan was Forgiven

Aug 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

60,000

Payroll Proced

560,000

Rent Proceed

110,000

Health Care Proceed

15,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

551112

Borrower Location

LEXINGTON, KY

Project Location

LEXINGTON, KY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

118

Business Age Description

New Business or 2 years or less

Data Source: SBA.