PPP Loan information for Mine power systems, inc.

$345,300

Mine power systems, inc. was initially approved for PPP Loan of amount $345,300, the current approved amount is $345,300. The loan was approved on 04/16/2020 by The First Community Bank reported 23 jobs and $345,300 was used to fund payroll.

Mine power systems, inc. is Existing or more than 2 years old

MINE POWER SYSTEMS, INC.

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MINE POWER SYSTEMS, INC.

Borrower Address

558 Industrial Park Road

Borrower City

Beaver

Borrower State

WV

Borrower Zip

25813-0578

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345300.00

Current Approval Amount

345300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaver

Project County Name

RALEIGH

Project State

WV

Project Zip

25813-0578

CD

WV-01

Jobs Reported

23

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

293505.00

Mortgage Interest Proceed

51795.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350200.42

Forgiveness Date

09/23/2021

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