PPP Loan information for Wholesale carpet outlet inc

$238,500

Wholesale carpet outlet inc was initially approved for PPP Loan of amount $238,500, the current approved amount is $238,500. The loan was approved on 04/07/2020 by The First Exchange Bank reported 50 jobs and $238,500 was used to fund payroll.

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

PPP Loan Search / WV / FAIRMONT / Wholesale carpet outlet inc

WHOLESALE CARPET OUTLET INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

WHOLESALE CARPET OUTLET INC

Borrower Address

105 Outlet Dr

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26554-3491

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238500.00

Current Approval Amount

238500.00

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

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26554-3491

CD

WV-02

Jobs Reported

50

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

200500.00

Mortgage Interest Proceed

3000.00

Rent Proceed

30000.00

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

241706.50

Forgiveness Date

08/16/2021

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