PPP Loan information for Monongalia home corporation

$1,660,500

Monongalia home corporation was initially approved for PPP Loan of amount $1,660,500, the current approved amount is $1,660,500. The loan was approved on 04/15/2020 by The Clear Mountain Bank, Inc. reported 150 jobs and $1,660,500 was used to fund payroll.

Monongalia home corporation is Existing or more than 2 years old

MONONGALIA HOME CORPORATION

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MONONGALIA HOME CORPORATION

Borrower Address

800 JD Anderson Drive

Borrower City

morgantown

Borrower State

WV

Borrower Zip

26505

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1660500.00

Current Approval Amount

1660500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74988

Servicing Lender Name

Clear Mountain Bank, Inc.

Servicing Lender Address

Morgantown St

Servicing Lender City

BRUCETON MILLS

Servicing Lender State

WV

Servicing Lender Zip

26525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

morgantown

Project County Name

MONONGALIA

Project State

WV

Project Zip

26505-0001

CD

WV-02

Jobs Reported

150

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1660500.00

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

Non-Profit Organization

Originating Lender Location Id

74988

Originating Lender

Clear Mountain Bank, Inc.

Originating Lender City

BRUCETON MILLS

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1676149.64

Forgiveness Date

04/05/2021

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