PPP Loan information for Wheeler drug corp

$45,030

Wheeler drug corp was initially approved for PPP Loan of amount $45,030, the current approved amount is $45,030. The loan was approved on 03/18/2021 by The New Peoples Bank, Inc. reported 5 jobs and $45,030 was used to fund payroll.

Wheeler drug corp is Existing or more than 2 years old

WHEELER DRUG CORP

Date Approved

03/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WHEELER DRUG CORP

Borrower Address

3141 Cedar Valley Dr

Borrower City

Richlands

Borrower State

VA

Borrower Zip

24641-3076

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45030.00

Current Approval Amount

45030.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richlands

Project County Name

TAZEWELL

Project State

VA

Project Zip

24641-3076

CD

VA-09

Jobs Reported

5

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

45028.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45217.62

Forgiveness Date

09/10/2021

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