# PPP loan: THE CENTER FOR RURAL DEVELOPMENT INC.
> **$440K** approved 02/10/2021 · Paid in Full · Loan `6418268406`
## Borrower
- **Name:** THE CENTER FOR RURAL DEVELOPMENT INC.
- **Address:** 2292 S Highway 27, Somerset, KY, 42501-2905
- **NAICS:** 518210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $442K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $440K
- **Utilities:** $1
- **Jobs reported:** 27
## 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*