PPP Loan information for Performance industries inc

$652,900

Performance industries inc was initially approved for PPP Loan of amount $652,900, the current approved amount is $652,900. The loan was approved on 04/10/2020 by The Summit Community Bank, Inc. reported 44 jobs and $652,900 was used to fund payroll.

Performance industries inc is Existing or more than 2 years old

PPP Loan Search / WV / SUMMERSVILLE / Performance industries inc

PERFORMANCE INDUSTRIES INC

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PERFORMANCE INDUSTRIES INC

Borrower Address

181 TRINITY WAY

Borrower City

SUMMERSVILLE

Borrower State

WV

Borrower Zip

26651-4541

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652900.00

Current Approval Amount

652900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMMERSVILLE

Project County Name

NICHOLAS

Project State

WV

Project Zip

26651-4541

CD

WV-01

Jobs Reported

44

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10900.00

Payroll Proceed

522000.00

Mortgage Interest Proceed

120000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

658322.70

Forgiveness Date

02/11/2021

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