PPP Loan information for Pi products inc

$38,700

Pi products inc was initially approved for PPP Loan of amount $38,700, the current approved amount is $38,700. The loan was approved on 04/28/2020 by The MCNB Bank and Trust Co. reported 5 jobs and $38,700 was used to fund payroll.

Pi products inc is Existing or more than 2 years old

PI PRODUCTS INC

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PI PRODUCTS INC

Borrower Address

134 NEAL ST

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-3622

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38700.00

Current Approval Amount

38700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75431

Servicing Lender Name

MCNB Bank and Trust Co.

Servicing Lender Address

75 Wyoming St

Servicing Lender City

WELCH

Servicing Lender State

WV

Servicing Lender Zip

24801-2434

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

25801-3622

CD

WV-01

Jobs Reported

5

NAICS Code

333613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5238.00

Payroll Proceed

27224.00

Mortgage Interest Proceed

1238.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39057.97

Forgiveness Date

03/30/2021

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