PPP Loan information for Direct service remanufacturing inc

$240,100

Direct service remanufacturing inc was initially approved for PPP Loan of amount $240,100, the current approved amount is $240,100. The loan was approved on 04/15/2020 by The Summit Community Bank, Inc. reported 57 jobs and $240,100 was used to fund payroll.

Direct service remanufacturing inc is Existing or more than 2 years old

PPP Loan Search / WV / MOUNT HOPE / Direct service remanufacturing inc

DIRECT SERVICE REMANUFACTURING INC

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DIRECT SERVICE REMANUFACTURING INC

Borrower Address

1500 MILL CREEK RD

Borrower City

MOUNT HOPE

Borrower State

WV

Borrower Zip

25880-1600

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240100.00

Current Approval Amount

240100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOPE

Project County Name

FAYETTE

Project State

WV

Project Zip

25880-1600

CD

WV-01

Jobs Reported

57

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6100.00

Payroll Proceed

198000.00

Mortgage Interest Proceed

36000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242060.82

Forgiveness Date

02/16/2021

;