PPP Loan information for Hobbs construction

$15,500

Hobbs construction was initially approved for PPP Loan of amount $15,500, the current approved amount is $15,500. The loan was approved on 04/15/2020 by The The Fayette County National Bank of Fayetteville reported 2 jobs and $15,500 was used to fund payroll.

Hobbs construction is New Business or 2 years or less

HOBBS CONSTRUCTION

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

HOBBS CONSTRUCTION

Borrower Address

134 SECOND AVE

Borrower City

FAYETTEVILLE

Borrower State

WV

Borrower Zip

25840

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15500.00

Current Approval Amount

15500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75115

Servicing Lender Name

The Fayette County National Bank of Fayetteville

Servicing Lender Address

101 N Court St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

WV

Servicing Lender Zip

25840-1209

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAYETTEVILLE

Project County Name

FAYETTE

Project State

WV

Project Zip

25840-0001

CD

WV-01

Jobs Reported

2

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

14350.00

Mortgage Interest Proceed

550.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

75115

Originating Lender

The Fayette County National Bank of Fayetteville

Originating Lender City

FAYETTEVILLE

Originating Lender State

WV

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15669.01

Forgiveness Date

05/27/2021

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