PPP Loan information for South branch inn inc

$206,100

South branch inn inc was initially approved for PPP Loan of amount $206,100, the current approved amount is $206,100. The loan was approved on 04/09/2020 by The Summit Community Bank, Inc. reported 40 jobs and $206,100 was used to fund payroll.

South branch inn inc is Existing or more than 2 years old

PPP Loan Search / WV / MOOREFIELD / South branch inn inc

SOUTH BRANCH INN INC

Date Approved

04/09/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SOUTH BRANCH INN INC

Borrower Address

1500 US HIGHWAY 220

Borrower City

MOOREFIELD

Borrower State

WV

Borrower Zip

26836-8604

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206100.00

Current Approval Amount

206100.00

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

26836-8604

CD

WV-02

Jobs Reported

40

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11300.00

Payroll Proceed

164800.00

Mortgage Interest Proceed

30000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

208206.80

Forgiveness Date

04/20/2021

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