# PPP loan: MURTCO, INC.
> **$1.26M** approved 04/27/2020 · Paid in Full · Loan `3968567200`
## Borrower
- **Name:** MURTCO, INC.
- **Address:** 815 ABELL ST, PADUCAH, KY, 42003-0168
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 45
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*