PPP Loan information for The allegheny development corporation inc.

$42,403

The allegheny development corporation inc. was initially approved for PPP Loan of amount $42,403, the current approved amount is $42,403. The loan was approved on 02/09/2021 by The Clear Mountain Bank, Inc. reported 11 jobs and $42,403 was used to fund payroll.

The allegheny development corporation inc. is Existing or more than 2 years old

THE ALLEGHENY DEVELOPMENT CORPORATION INC.

Date Approved

02/09/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

THE ALLEGHENY DEVELOPMENT CORPORATION INC.

Borrower Address

4 Riddle Ct

Borrower City

Morgantown

Borrower State

WV

Borrower Zip

26505-2693

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42402.50

Current Approval Amount

42402.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74988

Servicing Lender Name

Clear Mountain Bank, Inc.

Servicing Lender Address

Morgantown St

Servicing Lender City

BRUCETON MILLS

Servicing Lender State

WV

Servicing Lender Zip

26525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morgantown

Project County Name

MONONGALIA

Project State

WV

Project Zip

26505-2693

CD

WV-02

Jobs Reported

11

NAICS Code

531190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42401.50

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

74988

Originating Lender

Clear Mountain Bank, Inc.

Originating Lender City

BRUCETON MILLS

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42610.45

Forgiveness Date

08/10/2021

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