# PPP loan: LAKE CUMBERLAND AREA DEVELOPMENT DISTRICT INC
> **$539K** approved 08/04/2020 · Paid in Full · Loan `3281318206`
## Borrower
- **Name:** LAKE CUMBERLAND AREA DEVELOPMENT DISTRICT INC
- **Address:** 2384 LAKEWAY DR, RUSSELL SPRINGS, KY, 42642-4509
- **NAICS:** 926110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $542K (100%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $539K
- **Jobs reported:** 82
## Lender
- **Originating:** The First National Bank of Russell Springs
- **Servicing:** The First National Bank of Russell Springs (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*