PPP Loan information for W & b fabricators inc

$543,348

W & b fabricators inc was initially approved for PPP Loan of amount $543,348, the current approved amount is $543,348. The loan was approved on 01/23/2021 by The New Peoples Bank, Inc. reported 34 jobs and $543,348 was used to fund payroll.

W & b fabricators inc is Existing or more than 2 years old

W & B FABRICATORS INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

W & B FABRICATORS INC

Borrower Address

111 ENTERPRISE LN

Borrower City

ROCKY GAP

Borrower State

VA

Borrower Zip

24366

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

543347.50

Current Approval Amount

543347.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY GAP

Project County Name

BLAND

Project State

VA

Project Zip

24366

CD

VA-09

Jobs Reported

34

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

543343.50

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

550441.20

Forgiveness Date

05/16/2022

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