# PPP loan: COMMERCE LEXINGTON INC.
> **$306K** approved 01/20/2021 · Paid in Full · Loan `2371068300`
## Borrower
- **Name:** COMMERCE LEXINGTON INC.
- **Address:** 330 E Main St Ste 100, Lexington, KY, 40507-1525
- **NAICS:** 813910
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Traditional Bank, Inc.
- **Servicing:** Traditional Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*