PPP Loan information for Medcare therapy center

$141,864

Medcare therapy center was initially approved for PPP Loan of amount $141,864, the current approved amount is $141,864. The loan was approved on 04/02/2021 by The Truist Bank reported 17 jobs and $141,864 was used to fund payroll.

Medcare therapy center is Existing or more than 2 years old

MEDCARE THERAPY CENTER

Date Approved

04/02/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MEDCARE THERAPY CENTER

Borrower Address

314 Goff Mountain Rd Ste 13

Borrower City

Cross Lanes

Borrower State

WV

Borrower Zip

25313-6600

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141864.00

Current Approval Amount

141864.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cross Lanes

Project County Name

KANAWHA

Project State

WV

Project Zip

25313-6600

CD

WV-01

Jobs Reported

17

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

141861.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142845.23

Forgiveness Date

12/14/2021

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