PPP Loan information for The soft cloth shop inc.

$28,800

The soft cloth shop inc. was initially approved for PPP Loan of amount $28,800, the current approved amount is $28,800. The loan was approved on 04/16/2020 by The The Bank of Romney reported 7 jobs and $28,800 was used to fund payroll.

The soft cloth shop inc. is New Business or 2 years or less

PPP Loan Search / WV / ROMNEY / The soft cloth shop inc.

THE SOFT CLOTH SHOP INC.

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THE SOFT CLOTH SHOP INC.

Borrower Address

78 E. MAIN ST

Borrower City

ROMNEY

Borrower State

WV

Borrower Zip

26757-1817

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28800.00

Current Approval Amount

28800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75390

Servicing Lender Name

The Bank of Romney

Servicing Lender Address

95 E Main St

Servicing Lender City

ROMNEY

Servicing Lender State

WV

Servicing Lender Zip

26757-1816

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROMNEY

Project County Name

HAMPSHIRE

Project State

WV

Project Zip

26757-1817

CD

WV-02

Jobs Reported

7

NAICS Code

315210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7200.00

Payroll Proceed

21600.00

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

75390

Originating Lender

The Bank of Romney

Originating Lender City

ROMNEY

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29103.20

Forgiveness Date

05/06/2021

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