# PPP loan: CORETRANS, LLC
> **$1.93M** approved 04/07/2020 · Paid in Full · Loan `7402437010`
## Borrower
- **Name:** CORETRANS, LLC
- **Address:** 603 KIT COWAN RD, SOMERSET, KY, 42501-3262
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.92M
- **Rent:** $500
- **Mortgage interest:** $500
- **Utilities:** $500
- **Debt interest:** $500
- **Jobs reported:** 173
## 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*