PPP Loan information for Motel property development corporation

$351,292

Motel property development corporation was initially approved for PPP Loan of amount $351,292, the current approved amount is $351,292. The loan was approved on 02/19/2021 by The WesBanco Bank, Inc. reported 33 jobs and $351,292 was used to fund payroll.

Motel property development corporation is Existing or more than 2 years old

PPP Loan Search / WV / Wheeling / Motel property development corporation

MOTEL PROPERTY DEVELOPMENT CORPORATION

Date Approved

02/19/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MOTEL PROPERTY DEVELOPMENT CORPORATION

Borrower Address

795 National Rd

Borrower City

Wheeling

Borrower State

WV

Borrower Zip

26003-6544

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

351291.50

Current Approval Amount

351291.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

OHIO

Project State

WV

Project Zip

26003-6544

CD

WV-02

Jobs Reported

33

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

351285.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

354130.71

Forgiveness Date

12/14/2021

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