PPP Loan information for Baystar coal company inc

$274,355

Baystar coal company inc was initially approved for PPP Loan of amount $274,355, the current approved amount is $274,355. The loan was approved on 04/29/2020 by The New Peoples Bank, Inc. reported 15 jobs and $274,355 was used to fund payroll.

Baystar coal company inc is Existing or more than 2 years old

PPP Loan Search / VA / BLUEFIELD / Baystar coal company inc

BAYSTAR COAL COMPANY INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAYSTAR COAL COMPANY INC

Borrower Address

356 S College Ave

Borrower City

BLUEFIELD

Borrower State

VA

Borrower Zip

24605-1709

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274355.35

Current Approval Amount

274355.35

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

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

TAZEWELL

Project State

VA

Project Zip

24605-1709

CD

VA-09

Jobs Reported

15

NAICS Code

423520

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

274355.35

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

Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

276473.98

Forgiveness Date

02/11/2021

;