# PPP loan: WALNUT SPECIALISTS INC
> **$209K** approved 04/13/2020 · Paid in Full · Loan `5411937108`
## Borrower
- **Name:** WALNUT SPECIALISTS INC
- **Address:** 717 S HIGHWAY 1275, MONTICELLO, KY, 42633-2083
- **NAICS:** 337127
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $900
- **Mortgage interest:** $14K
- **Utilities:** $12K
- **Jobs reported:** 24
## Lender
- **Originating:** The Citizens National Bank of Somerset
- **Servicing:** The Citizens National Bank of Somerset (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*