# PPP loan: HOSPICE OF LAKE CUMBERLAND, INC
> **$974K** approved 04/08/2020 · Paid in Full · Loan `8400127001`
## Borrower
- **Name:** HOSPICE OF LAKE CUMBERLAND, INC
- **Address:** 100 PARKWAY DR, SOMERSET, KY, 42503-3450
- **NAICS:** 423450
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $982K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $884K
- **Rent:** $21K
- **Utilities:** $12K
- **Health care:** $56K
- **Jobs reported:** 76
## 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*