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FARMERS SUPPLY COMPANY

Company Details

Name: FARMERS SUPPLY COMPANY
Legal type: Kentucky Corporation
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 09 Feb 1955 (70 years ago)
Organization Date: 09 Feb 1955 (70 years ago)
Last Annual Report: 16 Feb 2024 (a year ago)
Organization Number: 0017009
Industry: Agricultural Production - Crops
Number of Employees: Small (0-19)
ZIP code: 42501
City: Somerset, Acorn, Alcalde, Elihu, Poplarville, Publ...
Primary County: Pulaski County
Principal Office: 913 EAST MT. VERNON ST., SOMERSET, KY 42501
Place of Formation: KENTUCKY

Incorporator

Name Role
H. M. BROYLES Incorporator
HUBERT HEAD Incorporator
JAMES VANHOOK Incorporator
J. DAVID LYLES Incorporator

President

Name Role
Joe Wallace President

Secretary

Name Role
Gail Wallace Secretary

Registered Agent

Name Role
JOE W. WALLACE Registered Agent

Assumed Names

Name Status Expiration Date
SOMERSET FARM EQUIPMENT Inactive 2003-07-15

Filings

Name File Date
Annual Report 2024-02-16
Annual Report 2023-06-19
Annual Report 2022-05-24
Annual Report 2021-06-21
Annual Report 2020-05-27
Annual Report 2019-06-13
Annual Report 2018-06-26
Annual Report 2017-04-18
Annual Report 2016-03-07
Annual Report 2015-04-16

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6230817102 2020-04-14 0457 PPP 913 E MOUNT VERNON ST, SOMERSET, KY, 42501-1227
Loan Status Date 2021-02-06
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 57100
Loan Approval Amount (current) 57100
Undisbursed Amount 0
Franchise Name -
Lender Location ID 27925
Servicing Lender Name The Citizens National Bank of Somerset
Servicing Lender Address 44 Public Sq, SOMERSET, KY, 42501-1414
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SOMERSET, PULASKI, KY, 42501-1227
Project Congressional District KY-05
Number of Employees 8
NAICS code 423820
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 27925
Originating Lender Name The Citizens National Bank of Somerset
Originating Lender Address SOMERSET, KY
Gender Male Owned
Veteran Veteran
Forgiveness Amount 57533.01
Forgiveness Paid Date 2021-01-20
4463438507 2021-02-25 0457 PPS 913 E Mount Vernon St, Somerset, KY, 42501-1227
Loan Status Date 2021-10-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 49400
Loan Approval Amount (current) 49400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 27925
Servicing Lender Name The Citizens National Bank of Somerset
Servicing Lender Address 44 Public Sq, SOMERSET, KY, 42501-1414
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Somerset, PULASKI, KY, 42501-1227
Project Congressional District KY-05
Number of Employees 10
NAICS code 453310
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 27925
Originating Lender Name The Citizens National Bank of Somerset
Originating Lender Address SOMERSET, KY
Gender Male Owned
Veteran Veteran
Forgiveness Amount 49668.96
Forgiveness Paid Date 2021-09-20

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
1086359 Interstate 2023-09-01 12500 2022 2 2 Private(Property)
Legal Name FARMERS SUPPLY COMPANY
DBA Name SOMERSET FARM EQUIPMENT
Physical Address 913 E MT VERNON ST, SOMERSET, KY, 42501, US
Mailing Address 913 E MT VERNON ST, SOMERSET, KY, 42501, US
Phone (606) 678-8804
Fax -
E-mail SOMERSETFARMEQ@WINDSTREAM.NET

Safety Measurement System - All Transportation

Total Number of Inspections for the measurement period (24 months) 2
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 2
Vehicle Maintenance BASIC Roadside Performance measure value 0
Total Number of Vehicle Inspections for the measurement period 1
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 0
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 0
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 0
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 0

Inspections

Unique report number of the inspection CV43886521
State abbreviation that indicates the state the inspector is from KY
The date of the inspection 2023-07-26
ID that indicates the level of inspection Walk-around
State abbreviation that indicates where the inspection occurred KY
Time weight of the inspection 1
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit STRAIGHT TRUCK
Description of the make of the main unit INTL
License plate of the main unit 206903
License state of the main unit KY
Vehicle Identification Number of the main unit 1HTMMAAMX2H517777
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Total number of BASIC violations 0
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Number of Hazardous Materials Compliance BASIC violations 0

Sources: Kentucky Secretary of State