PPP Loan information for Gould's electric motor repair inc.

$301,570

Gould's electric motor repair inc. was initially approved for PPP Loan of amount $301,570, the current approved amount is $301,570. The loan was approved on 04/27/2020 by The MVB Bank, Inc. reported 33 jobs and $301,570 was used to fund payroll.

Gould's electric motor repair inc. is Existing or more than 2 years old

GOULD'S ELECTRIC MOTOR REPAIR INC.

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

GOULD'S ELECTRIC MOTOR REPAIR INC.

Borrower Address

10947 clay highway

Borrower City

INDORE

Borrower State

WV

Borrower Zip

25111

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301570.00

Current Approval Amount

301570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDORE

Project County Name

CLAY

Project State

WV

Project Zip

25111-0001

CD

WV-01

Jobs Reported

33

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

301570.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304376.28

Forgiveness Date

04/08/2021

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