PPP Loan information for Duncans motel inc

$131,700

Duncans motel inc was initially approved for PPP Loan of amount $131,700, the current approved amount is $131,700. The loan was approved on 04/27/2020 by The Whitesville State Bank reported 13 jobs and $131,700 was used to fund payroll.

Duncans motel inc is Existing or more than 2 years old

DUNCANS MOTEL INC

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DUNCANS MOTEL INC

Borrower Address

32958 Coal River Road

Borrower City

Sylvester

Borrower State

WV

Borrower Zip

25209

Loan Status Date

06/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131700.00

Current Approval Amount

131700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75534

Servicing Lender Name

Whitesville State Bank

Servicing Lender Address

38609 Coal River Rd

Servicing Lender City

WHITESVILLE

Servicing Lender State

WV

Servicing Lender Zip

25209

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sylvester

Project County Name

BOONE

Project State

WV

Project Zip

25209-0001

CD

WV-01

Jobs Reported

13

NAICS Code

485310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131700.00

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

75534

Originating Lender

Whitesville State Bank

Originating Lender City

WHITESVILLE

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132998.96

Forgiveness Date

04/23/2021

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