PPP Loan information for King coal chevrolet co

$577,200

King coal chevrolet co was initially approved for PPP Loan of amount $577,200, the current approved amount is $577,200. The loan was approved on 04/04/2020 by The United Bank reported 56 jobs and $577,200 was used to fund payroll.

King coal chevrolet co is Existing or more than 2 years old

KING COAL CHEVROLET CO

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

KING COAL CHEVROLET CO

Borrower Address

1508 E. Main Street

Borrower City

OAK HILL

Borrower State

WV

Borrower Zip

25901-2745

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

577200.00

Current Approval Amount

577200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK HILL

Project County Name

FAYETTE

Project State

WV

Project Zip

25901-2745

CD

WV-01

Jobs Reported

56

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

577200.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

581064.03

Forgiveness Date

12/08/2020

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