PPP Loan information for Wholesale carpet outlet inc

$238,507

Wholesale carpet outlet inc was initially approved for PPP Loan of amount $238,507, the current approved amount is $238,507. The loan was approved on 02/09/2021 by The First Exchange Bank reported 35 jobs and $238,507 was used to fund payroll.

Wholesale carpet outlet inc is Existing or more than 2 years old

WHOLESALE CARPET OUTLET INC

Date Approved

02/09/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

WHOLESALE CARPET OUTLET INC

Borrower Address

105 Outlet Dr

Borrower City

White Hall

Borrower State

WV

Borrower Zip

26554-3491

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238506.55

Current Approval Amount

238506.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75183

Servicing Lender Name

First Exchange Bank

Servicing Lender Address

1 Heritage Way

Servicing Lender City

WHITE HALL

Servicing Lender State

WV

Servicing Lender Zip

26554-4191

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Hall

Project County Name

MARION

Project State

WV

Project Zip

26554-3491

CD

WV-02

Jobs Reported

35

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

238501.55

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

75183

Originating Lender

First Exchange Bank

Originating Lender City

WHITE HALL

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

241454.75

Forgiveness Date

05/05/2022

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