PPP Loan information for Sions equipment company

$49,100

Sions equipment company was initially approved for PPP Loan of amount $49,100, the current approved amount is $49,100. The loan was approved on 04/12/2021 by The Summit Community Bank, Inc. reported 7 jobs and $49,100 was used to fund payroll.

Sions equipment company is Existing or more than 2 years old

SIONS EQUIPMENT COMPANY

Date Approved

04/12/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

SIONS EQUIPMENT COMPANY

Borrower Address

331 Clay St

Borrower City

Moorefield

Borrower State

WV

Borrower Zip

26836-1053

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49100.00

Current Approval Amount

49100.00

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

7

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49099.00

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

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

49425.97

Forgiveness Date

12/10/2021

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