PPP Loan information for Mountain state property development inc

$71,500

Mountain state property development inc was initially approved for PPP Loan of amount $71,500, the current approved amount is $71,500. The loan was approved on 05/07/2020 by The MCNB Bank and Trust Co. reported 4 jobs and $71,500 was used to fund payroll.

Mountain state property development inc is New Business or 2 years or less

PPP Loan Search / WV / FAIRDALE / Mountain state property development inc

MOUNTAIN STATE PROPERTY DEVELOPMENT INC

Date Approved

05/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MOUNTAIN STATE PROPERTY DEVELOPMENT INC

Borrower Address

123 SOUTH LOGAN TURNPIKE

Borrower City

FAIRDALE

Borrower State

WV

Borrower Zip

25839-9999

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71500.00

Current Approval Amount

71500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75431

Servicing Lender Name

MCNB Bank and Trust Co.

Servicing Lender Address

75 Wyoming St

Servicing Lender City

WELCH

Servicing Lender State

WV

Servicing Lender Zip

24801-2434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAIRDALE

Project County Name

RALEIGH

Project State

WV

Project Zip

25839-9999

CD

WV-01

Jobs Reported

4

NAICS Code

541320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2020.00

Payroll Proceed

67600.00

Mortgage Interest Proceed

1880.00

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

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67876.88

Forgiveness Date

11/27/2020

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