PPP Loan information for Meador wood products inc

$290,900

Meador wood products inc was initially approved for PPP Loan of amount $290,900, the current approved amount is $290,900. The loan was approved on 04/10/2020 by The MCNB Bank and Trust Co. reported 26 jobs and $290,900 was used to fund payroll.

Meador wood products inc is Existing or more than 2 years old

PPP Loan Search / WV / FLAT TOP / Meador wood products inc

MEADOR WOOD PRODUCTS INC

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MEADOR WOOD PRODUCTS INC

Borrower Address

967 Ellison Ridge Rd

Borrower City

FLAT TOP

Borrower State

WV

Borrower Zip

25841

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290900.00

Current Approval Amount

290900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLAT TOP

Project County Name

MERCER

Project State

WV

Project Zip

25841-0001

CD

WV-01

Jobs Reported

26

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16500.00

Payroll Proceed

267800.00

Mortgage Interest Proceed

6600.00

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

Unanswered

Non Profit

Forgiveness Amount

291627.22

Forgiveness Date

11/04/2020

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