PPP Loan information for Schultz machine company inc

$162,860

Schultz machine company inc was initially approved for PPP Loan of amount $162,860, the current approved amount is $162,860. The loan was approved on 04/15/2020 by The MVB Bank, Inc. reported 15 jobs and $162,860 was used to fund payroll.

Schultz machine company inc is Existing or more than 2 years old

PPP Loan Search / WV / FAIRMONT / Schultz machine company inc

SCHULTZ MACHINE COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SCHULTZ MACHINE COMPANY INC

Borrower Address

1151 Meadowdale Road

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26554

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162860.00

Current Approval Amount

162860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26554-0001

CD

WV-02

Jobs Reported

15

NAICS Code

332912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162860.00

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

Cooperative

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164316.69

Forgiveness Date

03/09/2021

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