PPP Loan information for New river hardwoods, inc

$1,051,962

New river hardwoods, inc was initially approved for PPP Loan of amount $1,051,962, the current approved amount is $1,051,962. The loan was approved on 04/28/2020 by The City National Bank of West Virginia reported 108 jobs and $1,051,962 was used to fund payroll.

New river hardwoods, inc is Existing or more than 2 years old

NEW RIVER HARDWOODS, INC

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

NEW RIVER HARDWOODS, INC

Borrower Address

263 WHITE OAK DR

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-8133

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1051962.00

Current Approval Amount

1051962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-8133

CD

WV-01

Jobs Reported

108

NAICS Code

321113

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

31962.00

Payroll Proceed

1000000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1057514.02

Forgiveness Date

11/12/2020

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