PPP Loan information for Tasty blend foods inc

$582,000

Tasty blend foods inc was initially approved for PPP Loan of amount $582,000, the current approved amount is $582,000. The loan was approved on 04/04/2020 by The Summit Community Bank, Inc. reported 74 jobs and $582,000 was used to fund payroll.

Tasty blend foods inc is Existing or more than 2 years old

TASTY BLEND FOODS INC

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

TASTY BLEND FOODS INC

Borrower Address

1 TASTY BLEND WAY

Borrower City

FRAZIERS BOTTOM

Borrower State

WV

Borrower Zip

25082-9784

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582000.00

Current Approval Amount

582000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRAZIERS BOTTOM

Project County Name

PUTNAM

Project State

WV

Project Zip

25082-9784

CD

WV-01

Jobs Reported

74

NAICS Code

311999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

412500.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

49500.00

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

586203.33

Forgiveness Date

12/31/2020

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