PPP Loan information for Matney construction co inc

$489,521

Matney construction co inc was initially approved for PPP Loan of amount $489,521, the current approved amount is $489,521. The loan was approved on 02/04/2021 by The First Sentinel Bank reported 14 jobs and $489,521 was used to fund payroll.

Matney construction co inc is Existing or more than 2 years old

PPP Loan Search / VA / Oakwood / Matney construction co inc

MATNEY CONSTRUCTION CO INC

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MATNEY CONSTRUCTION CO INC

Borrower Address

4219 Dismal River Road

Borrower City

Oakwood

Borrower State

VA

Borrower Zip

24631

Loan Status Date

09/06/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

489520.80

Current Approval Amount

489520.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117711

Servicing Lender Name

First Sentinel Bank

Servicing Lender Address

315 Railroad Ave

Servicing Lender City

RICHLANDS

Servicing Lender State

VA

Servicing Lender Zip

24641-2448

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakwood

Project County Name

BUCHANAN

Project State

VA

Project Zip

24631

CD

VA-09

Jobs Reported

14

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

489518.80

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

117711

Originating Lender

First Sentinel Bank

Originating Lender City

RICHLANDS

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

137368.68

Forgiveness Date

06/03/2022

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