PPP Loan information for State distributing company

$170,400

State distributing company was initially approved for PPP Loan of amount $178,600, the current approved amount is $170,400. The loan was approved on 04/27/2020 by The Peoples Bank reported 24 jobs and $170,400 was used to fund payroll.

State distributing company is Existing or more than 2 years old

STATE DISTRIBUTING COMPANY

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

STATE DISTRIBUTING COMPANY

Borrower Address

996 Anmoore Rd

Borrower City

ANMOORE

Borrower State

WV

Borrower Zip

26323-0241

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178600.00

Current Approval Amount

170400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANMOORE

Project County Name

HARRISON

Project State

WV

Project Zip

26323-0241

CD

WV-02

Jobs Reported

24

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170400.00

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

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171431.87

Forgiveness Date

12/04/2020

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