PPP Loan information for New martinsville supply co inc

$492,200

New martinsville supply co inc was initially approved for PPP Loan of amount $492,200, the current approved amount is $492,200. The loan was approved on 04/09/2020 by The Peoples Bank reported 69 jobs and $492,200 was used to fund payroll.

New martinsville supply co inc is Existing or more than 2 years old

NEW MARTINSVILLE SUPPLY CO INC

Date Approved

04/09/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

NEW MARTINSVILLE SUPPLY CO INC

Borrower Address

312 NORTH ST

Borrower City

NEW MARTINSVILLE

Borrower State

WV

Borrower Zip

26155-1710

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492200.00

Current Approval Amount

492200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW MARTINSVILLE

Project County Name

WETZEL

Project State

WV

Project Zip

26155-1710

CD

WV-02

Jobs Reported

69

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

369150.00

Mortgage Interest Proceed

0.00

Rent Proceed

123050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

485026.23

Forgiveness Date

11/25/2020

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