PPP Loan information for Murphy consolidated industries inc.

$484,358

Murphy consolidated industries inc. was initially approved for PPP Loan of amount $484,358, the current approved amount is $484,358. The loan was approved on 01/21/2021 by The WesBanco Bank, Inc. reported 17 jobs and $484,358 was used to fund payroll.

Murphy consolidated industries inc. is Existing or more than 2 years old

MURPHY CONSOLIDATED INDUSTRIES INC.

Date Approved

01/21/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MURPHY CONSOLIDATED INDUSTRIES INC.

Borrower Address

575 Veterans Dr

Borrower City

Follansbee

Borrower State

WV

Borrower Zip

26037-1271

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

484357.50

Current Approval Amount

484357.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Follansbee

Project County Name

BROOKE

Project State

WV

Project Zip

26037-1271

CD

WV-02

Jobs Reported

17

NAICS Code

551114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

484352.50

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

Non-Veteran

Non Profit

Forgiveness Amount

486998.24

Forgiveness Date

08/11/2021

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