# PPP loan: CUMBERLAND MACHINERY MOVERS AND INDUSTRIAL SERVICES, INC.
> **$786K** approved 04/27/2020 · Paid in Full · Loan `3593487203`
## Borrower
- **Name:** CUMBERLAND MACHINERY MOVERS AND INDUSTRIAL SERVICES, INC.
- **Address:** 516 South Main Street, Somerset, KY, 42502
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $786K
- **Initial approval:** $786K
- **Forgiven:** $793K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $668K
- **Mortgage interest:** $39K
- **Utilities:** $39K
- **Health care:** $39K
- **Jobs reported:** 53
## Lender
- **Originating:** United Cumberland Bank
- **Servicing:** United Cumberland Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*