PPP Loan information for Council of the southern mountains

$224,800

Council of the southern mountains was initially approved for PPP Loan of amount $224,800, the current approved amount is $224,800. The loan was approved on 02/10/2021 by The MCNB Bank and Trust Co. reported 64 jobs and $224,800 was used to fund payroll.

Council of the southern mountains is Existing or more than 2 years old

PPP Loan Search / WV / Welch / Council of the southern mountains

COUNCIL OF THE SOUTHERN MOUNTAINS

Date Approved

02/10/2021

SBA Office Code

0390

Processing Method

PPP

Borrower Name

COUNCIL OF THE SOUTHERN MOUNTAINS

Borrower Address

148 McDowell St

Borrower City

Welch

Borrower State

WV

Borrower Zip

24801-2225

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224800.00

Current Approval Amount

224800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75431

Servicing Lender Name

MCNB Bank and Trust Co.

Servicing Lender Address

75 Wyoming St

Servicing Lender City

WELCH

Servicing Lender State

WV

Servicing Lender Zip

24801-2434

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Welch

Project County Name

MCDOWELL

Project State

WV

Project Zip

24801-2225

CD

WV-01

Jobs Reported

64

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224800.00

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

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

227097.96

Forgiveness Date

02/23/2022

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