Date Approved
04/06/2021
SBA Office Code
0304
Processing Method
PPS
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
04/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
263830.00
Current Approval Amount
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
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
Project County Name
TAZEWELL
Project State
Project Zip
CD
VA-09
Jobs Reported
15
NAICS Code
423520
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
263827.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
266351.04
Forgiveness Date
03/21/2022