PPP Loan information for Bam sales, llc

$48,151

Bam sales, llc was initially approved for PPP Loan of amount $48,151, the current approved amount is $48,151. The loan was approved on 04/30/2020 by The New Peoples Bank, Inc. reported 8 jobs and $48,151 was used to fund payroll.

Bam sales, llc is New Business or 2 years or less

BAM SALES, LLC

Date Approved

04/30/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BAM SALES, LLC

Borrower Address

514 MOUNT HOREB RD

Borrower City

PRINCETON

Borrower State

WV

Borrower Zip

24739-7466

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48150.82

Current Approval Amount

48150.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PRINCETON

Project County Name

MERCER

Project State

WV

Project Zip

24739-7466

CD

WV-01

Jobs Reported

8

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48150.82

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48532.01

Forgiveness Date

02/17/2021

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