PPP Loan information for King cut rate tobaccos inc

$135,000

King cut rate tobaccos inc was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 05/04/2020 by The MCNB Bank and Trust Co. reported 28 jobs and $135,000 was used to fund payroll.

King cut rate tobaccos inc is Existing or more than 2 years old

PPP Loan Search / WV / MOUNT NEBO / King cut rate tobaccos inc

KING CUT RATE TOBACCOS INC

Date Approved

05/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

KING CUT RATE TOBACCOS INC

Borrower Address

548 Wilderness Hwy

Borrower City

MOUNT NEBO

Borrower State

WV

Borrower Zip

26679-9999

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

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

MOUNT NEBO

Project County Name

NICHOLAS

Project State

WV

Project Zip

26679-9999

CD

WV-01

Jobs Reported

28

NAICS Code

453991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100904.42

Forgiveness Date

11/10/2020

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