PPP Loan information for Mountaineer resources

$535,000

Mountaineer resources was initially approved for PPP Loan of amount $535,000, the current approved amount is $535,000. The loan was approved on 04/14/2020 by The Peoples Bank reported 96 jobs and $535,000 was used to fund payroll.

Mountaineer resources is Existing or more than 2 years old

PPP Loan Search / WV / FAIRMONT / Mountaineer resources

MOUNTAINEER RESOURCES

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MOUNTAINEER RESOURCES

Borrower Address

1 INDUSTRIAL CONTRACTING RD

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26554-1188

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

535000.00

Current Approval Amount

535000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26554-1188

CD

WV-02

Jobs Reported

96

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

535000.00

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

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293823.69

Forgiveness Date

08/26/2021

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