PPP Loan information for Lexington coal company llc

$2,000,000

Lexington coal company llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The Valley National Bank reported 217 jobs and $2,000,000 was used to fund payroll.

Lexington coal company llc is Existing or more than 2 years old

PPP Loan Search / WV / Milton / Lexington coal company llc

LEXINGTON COAL COMPANY LLC

Date Approved

01/30/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

LEXINGTON COAL COMPANY LLC

Borrower Address

1051 Main St

Borrower City

Milton

Borrower State

WV

Borrower Zip

25541-1215

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milton

Project County Name

CABELL

Project State

WV

Project Zip

25541-1215

CD

WV-01

Jobs Reported

217

NAICS Code

213113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023444.44

Forgiveness Date

04/07/2022

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