PPP Loan information for Mine power systems inc.

$264,500

Mine power systems inc. was initially approved for PPP Loan of amount $264,500, the current approved amount is $264,500. The loan was approved on 02/12/2021 by The First Community Bank reported 25 jobs and $264,500 was used to fund payroll.

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

MINE POWER SYSTEMS INC.

Date Approved

02/12/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MINE POWER SYSTEMS INC.

Borrower Address

558 Industrial Park Rd

Borrower City

Beaver

Borrower State

WV

Borrower Zip

25813-9315

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

264500.00

Current Approval Amount

264500.00

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

25813-9315

CD

WV-01

Jobs Reported

25

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

264497.00

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

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

267731.97

Forgiveness Date

05/11/2022

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