PPP Loan information for Mining repair specialists inc

$340,900

Mining repair specialists inc was initially approved for PPP Loan of amount $340,900, the current approved amount is $340,900. The loan was approved on 02/24/2021 by The Logan Bank & Trust Company reported 28 jobs and $340,900 was used to fund payroll.

Mining repair specialists inc is Existing or more than 2 years old

MINING REPAIR SPECIALISTS INC

Date Approved

02/24/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MINING REPAIR SPECIALISTS INC

Borrower Address

920 Copperas Fork Rd

Borrower City

Holden

Borrower State

WV

Borrower Zip

25625-7723

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340900.00

Current Approval Amount

340900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holden

Project County Name

LOGAN

Project State

WV

Project Zip

25625-7723

CD

WV-01

Jobs Reported

28

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

340899.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

344687.78

Forgiveness Date

04/06/2022

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