# PPP loan: SOMERSET INTERNAL MEDICINE
> **$193K** approved 04/06/2020 · Paid in Full · Loan `5838197001`
## Borrower
- **Name:** SOMERSET INTERNAL MEDICINE
- **Address:** 10 TOWER CIR, SOMERSET, KY, 42503-3476
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Health care:** $5K
- **Jobs reported:** 16
## 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*