PPP Loan information for Production efficiency corporation

$91,228

Production efficiency corporation was initially approved for PPP Loan of amount $91,228, the current approved amount is $91,228. The loan was approved on 03/20/2021 by The Logan Bank & Trust Company reported 12 jobs and $91,228 was used to fund payroll.

Production efficiency corporation is Existing or more than 2 years old

PPP Loan Search / WV / RAGLAND / Production efficiency corporation

PRODUCTION EFFICIENCY CORPORATION

Date Approved

03/20/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

PRODUCTION EFFICIENCY CORPORATION

Borrower Address

1 TAYLOR ST

Borrower City

RAGLAND

Borrower State

WV

Borrower Zip

25690

Loan Status Date

08/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91228.00

Current Approval Amount

91228.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAGLAND

Project County Name

MINGO

Project State

WV

Project Zip

25690

CD

WV-03

Jobs Reported

12

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91228.00

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

Subchapter S Corporation

Originating Lender Location Id

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92421.57

Forgiveness Date

07/08/2022

;