# PPP loan: WESTERN KENTUCKY MINERALS INC
> **$601K** approved 04/09/2020 · Paid in Full · Loan `9040087002`
## Borrower
- **Name:** WESTERN KENTUCKY MINERALS INC
- **Address:** 8905 SHORT STATION RD, PHILPOT, KY, 42366-8911
- **NAICS:** 212111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $601K
- **Initial approval:** $601K
- **Forgiven:** $604K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Rent:** $65K
- **Utilities:** $10K
- **Health care:** $75K
- **Jobs reported:** 36
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*