PPP Loan information for Direct service remanufacturing inc

$275,000

Direct service remanufacturing inc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 02/12/2021 by The Summit Community Bank, Inc. reported 40 jobs and $275,000 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

02/12/2021

SBA Office Code

0390

Processing Method

PPS

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

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

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

40

NAICS Code

561210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276879.17

Forgiveness Date

10/21/2021

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