PPP Loan information for Coalfield development corporation

$399,000

Coalfield development corporation was initially approved for PPP Loan of amount $399,000, the current approved amount is $399,000. The loan was approved on 04/06/2020 by The United Bank reported 64 jobs and $399,000 was used to fund payroll.

Coalfield development corporation is Existing or more than 2 years old

PPP Loan Search / WV / WAYNE / Coalfield development corporation

COALFIELD DEVELOPMENT CORPORATION

Date Approved

04/06/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

COALFIELD DEVELOPMENT CORPORATION

Borrower Address

312 Hall St. Apt. 1

Borrower City

WAYNE

Borrower State

WV

Borrower Zip

25570-1143

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399000.00

Current Approval Amount

399000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

WAYNE

Project State

WV

Project Zip

25570-1143

CD

WV-01

Jobs Reported

64

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399000.00

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

Non-Profit Organization

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

402613.17

Forgiveness Date

03/11/2021

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