PPP Loan information for West river conveyors & machinery company

$749,600

West river conveyors & machinery company was initially approved for PPP Loan of amount $749,600, the current approved amount is $749,600. The loan was approved on 04/13/2020 by The Customers Bank reported 41 jobs and $749,600 was used to fund payroll.

West river conveyors & machinery company is Existing or more than 2 years old

WEST RIVER CONVEYORS & MACHINERY COMPANY

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WEST RIVER CONVEYORS & MACHINERY COMPANY

Borrower Address

8936 Dismal River Rd.

Borrower City

Oakwood

Borrower State

VA

Borrower Zip

24631

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

749600.00

Current Approval Amount

749600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakwood

Project County Name

BUCHANAN

Project State

VA

Project Zip

24631-0001

CD

VA-09

Jobs Reported

41

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

749600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

753440.42

Forgiveness Date

11/05/2020

;