PPP Loan information for Sions equipment company

$68,500

Sions equipment company was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 04/15/2020 by The Summit Community Bank, Inc. reported 10 jobs and $68,500 was used to fund payroll.

Sions equipment company is Existing or more than 2 years old

PPP Loan Search / WV / MOOREFIELD / Sions equipment company

SIONS EQUIPMENT COMPANY

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SIONS EQUIPMENT COMPANY

Borrower Address

331 CLAY ST

Borrower City

MOOREFIELD

Borrower State

WV

Borrower Zip

26836-1053

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOOREFIELD

Project County Name

HARDY

Project State

WV

Project Zip

26836-1053

CD

WV-02

Jobs Reported

10

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

11000.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68912.90

Forgiveness Date

11/27/2020

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