# PPP loan: LAKE CUMBERLAND REGIONAL MENTAL HEALTH-MENTAL RETARDATION
> **$1.61M** approved 04/27/2020 · Paid in Full · Loan `3942907208`
## Borrower
- **Name:** LAKE CUMBERLAND REGIONAL MENTAL HEALTH-MENTAL RETARDATION
- **Address:** 130 SOUTHERN SCHOOL RD, SOMERSET, KY, 42501-3223
- **NAICS:** 923120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Utilities:** $298K
- **Jobs reported:** 136
## Lender
- **Originating:** Monticello Banking Company
- **Servicing:** Monticello Banking Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*