# PPP loan: RONEY PLUMBING INC.
> **$151K** approved 04/10/2020 · Paid in Full · Loan `1500757106`
## Borrower
- **Name:** RONEY PLUMBING INC.
- **Address:** 516 Monticello St, SOMERSET, KY, 42501-2944
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $4K
- **Utilities:** $1K
- **Health care:** $8K
- **Jobs reported:** 20
## Lender
- **Originating:** The Citizens National Bank of Somerset
- **Servicing:** The Citizens National Bank of Somerset (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*