PPP Loan information for Multicoat products inc

$129,400

Multicoat products inc was initially approved for PPP Loan of amount $129,400, the current approved amount is $129,400. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 11 jobs and $129,400 was used to fund payroll.

Multicoat products inc is New Business or 2 years or less

PPP Loan Search / WV / FRAZIERS BOTTOM / Multicoat products inc

MULTICOAT PRODUCTS INC

Date Approved

04/29/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MULTICOAT PRODUCTS INC

Borrower Address

1 PUTNAM BUSINESS PARK DR

Borrower City

FRAZIERS BOTTOM

Borrower State

WV

Borrower Zip

25082-0010

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129400.00

Current Approval Amount

129400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FRAZIERS BOTTOM

Project County Name

PUTNAM

Project State

WV

Project Zip

25082-0010

CD

WV-01

Jobs Reported

11

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129400.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130222.49

Forgiveness Date

12/23/2020

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