PPP Loan information for Momentum pipeline llc

$2,000,000

Momentum pipeline llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The The Poca Valley Bank, Inc. reported 76 jobs and $2,000,000 was used to fund payroll.

Momentum pipeline llc is Existing or more than 2 years old

MOMENTUM PIPELINE LLC

Date Approved

01/29/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MOMENTUM PIPELINE LLC

Borrower Address

8075 S Calhoun Hwy

Borrower City

Millstone

Borrower State

WV

Borrower Zip

25261-8513

Loan Status Date

03/09/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75424

Servicing Lender Name

The Poca Valley Bank, Inc.

Servicing Lender Address

7033 Charleston Rd

Servicing Lender City

WALTON

Servicing Lender State

WV

Servicing Lender Zip

25286-9601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millstone

Project County Name

CALHOUN

Project State

WV

Project Zip

25261-8513

CD

WV-01

Jobs Reported

76

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

75424

Originating Lender

The Poca Valley Bank, Inc.

Originating Lender City

WALTON

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1925307.78

Forgiveness Date

02/15/2022

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