PPP Loan information for Grant memorial hospital

$3,062,500

Grant memorial hospital was initially approved for PPP Loan of amount $3,062,500, the current approved amount is $3,062,500. The loan was approved on 04/04/2020 by The Summit Community Bank, Inc. reported 340 jobs and $3,062,500 was used to fund payroll.

Grant memorial hospital is Existing or more than 2 years old

GRANT MEMORIAL HOSPITAL

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

GRANT MEMORIAL HOSPITAL

Borrower Address

117 HOSPITAL DR

Borrower City

PETERSBURG

Borrower State

WV

Borrower Zip

26847-9566

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3062500.00

Current Approval Amount

3062500.00

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

PETERSBURG

Project County Name

GRANT

Project State

WV

Project Zip

26847-9566

CD

WV-02

Jobs Reported

340

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

612500.00

Payroll Proceed

2450000.00

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

Non-Profit Organization

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3099675.35

Forgiveness Date

06/28/2021

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