PPP Loan information for Bray and oakley insurance agency

$306,800

Bray and oakley insurance agency was initially approved for PPP Loan of amount $306,800, the current approved amount is $306,800. The loan was approved on 04/10/2020 by The Summit Community Bank, Inc. reported 30 jobs and $306,800 was used to fund payroll.

Bray and oakley insurance agency is Existing or more than 2 years old

PPP Loan Search / WV / LOGAN / Bray and oakley insurance agency

BRAY AND OAKLEY INSURANCE AGENCY

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BRAY AND OAKLEY INSURANCE AGENCY

Borrower Address

213 MAIN ST

Borrower City

LOGAN

Borrower State

WV

Borrower Zip

25601-3311

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306800.00

Current Approval Amount

306800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

LOGAN

Project State

WV

Project Zip

25601-3311

CD

WV-01

Jobs Reported

30

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11400.00

Payroll Proceed

245400.00

Mortgage Interest Proceed

50000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309944.70

Forgiveness Date

04/22/2021

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