# PPP loan: SOMERSET RECYCLING SERVICES INC.
> **$643K** approved 02/14/2021 · Paid in Full · Loan `8814828409`
## Borrower
- **Name:** SOMERSET RECYCLING SERVICES INC.
- **Address:** 1 Recycle Way, Somerset, KY, 42503-5440
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $643K
- **Initial approval:** $643K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $643K
- **Utilities:** $1
- **Jobs reported:** 71
## Lender
- **Originating:** Cumberland Valley National Bank & Trust Company
- **Servicing:** Cumberland Valley National Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*