PPP Loan information for Mining motors, inc.

$44,500

Mining motors, inc. was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 06/30/2020 by The Summit Community Bank, Inc. reported 6 jobs and $44,500 was used to fund payroll.

Mining motors, inc. is Existing or more than 2 years old

MINING MOTORS, INC.

Date Approved

06/30/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MINING MOTORS, INC.

Borrower Address

1021 FAYETTE PIKE

Borrower City

MONTGOMERY

Borrower State

WV

Borrower Zip

25136-2316

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

KANAWHA

Project State

WV

Project Zip

25136-2316

CD

WV-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44727.44

Forgiveness Date

01/08/2021

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