PPP Loan information for Mon valley electric, inc.

$649,200

Mon valley electric, inc. was initially approved for PPP Loan of amount $649,200, the current approved amount is $649,200. The loan was approved on 04/08/2020 by The First United Bank & Trust reported 42 jobs and $649,200 was used to fund payroll.

Mon valley electric, inc. is Existing or more than 2 years old

MON VALLEY ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MON VALLEY ELECTRIC, INC.

Borrower Address

PO Box 338

Borrower City

Kingmont

Borrower State

WV

Borrower Zip

26554

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

649200.00

Current Approval Amount

649200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingmont

Project County Name

MARION

Project State

WV

Project Zip

26554-0001

CD

WV-02

Jobs Reported

42

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

649200.00

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

656954.33

Forgiveness Date

06/22/2021

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