PPP Loan information for Clonch industies, inc.

$229,200

Clonch industies, inc. was initially approved for PPP Loan of amount $229,200, the current approved amount is $229,200. The loan was approved on 04/14/2020 by The City National Bank of West Virginia reported 26 jobs and $229,200 was used to fund payroll.

Clonch industies, inc. is Existing or more than 2 years old

CLONCH INDUSTIES, INC.

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

CLONCH INDUSTIES, INC.

Borrower Address

222 Clonch Mil Road

Borrower City

DIXIE

Borrower State

WV

Borrower Zip

25059-0283

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229200.00

Current Approval Amount

229200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DIXIE

Project County Name

NICHOLAS

Project State

WV

Project Zip

25059-0283

CD

WV-01

Jobs Reported

26

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

229200.00

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

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231332.83

Forgiveness Date

03/18/2021

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