PPP Loan information for W b fosson & sons inc

$1,000,000

W b fosson & sons inc was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 04/13/2020 by The City National Bank of West Virginia reported 61 jobs and $1,000,000 was used to fund payroll.

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

PPP Loan Search / KY / ASHLAND / W b fosson & sons inc

W B FOSSON & SONS INC

Date Approved

04/13/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

W B FOSSON & SONS INC

Borrower Address

3321 WINCHESTER AVE

Borrower City

ASHLAND

Borrower State

KY

Borrower Zip

41101-2068

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

BOYD

Project State

KY

Project Zip

41101-2068

CD

KY-05

Jobs Reported

61

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

750000.00

Mortgage Interest Proceed

200000.00

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

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1009694.44

Forgiveness Date

04/02/2021

;