PPP Loan information for Rainelle medical center, inc.

$1,683,500

Rainelle medical center, inc. was initially approved for PPP Loan of amount $1,683,500, the current approved amount is $1,683,500. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 178 jobs and $1,683,500 was used to fund payroll.

Rainelle medical center, inc. is Existing or more than 2 years old

RAINELLE MEDICAL CENTER, INC.

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RAINELLE MEDICAL CENTER, INC.

Borrower Address

176 MEDICAL CENTER DR

Borrower City

RAINELLE

Borrower State

WV

Borrower Zip

25962-1064

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1683500.00

Current Approval Amount

1683500.00

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

RAINELLE

Project County Name

GREENBRIER

Project State

WV

Project Zip

25962-1064

CD

WV-01

Jobs Reported

178

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36652.00

Payroll Proceed

1346848.00

Mortgage Interest Proceed

300000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1693367.18

Forgiveness Date

12/03/2020

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