Date Approved
01/27/2021
SBA Office Code
0390
Processing Method
PPS
Borrower Name
INDUSTRIAL PLATING & MACHINE INC.
Borrower Address
1712 COAL HERITAGE ROAD
Borrower City
BLUEFIELD
Borrower State
WV
Borrower Zip
24701
Loan Status Date
09/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
405000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123348
Servicing Lender Name
New Peoples Bank, Inc.
Servicing Lender Address
53 Commerce Dr
Servicing Lender City
HONAKER
Servicing Lender State
VA
Servicing Lender Zip
24260
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MERCER
Project State
Project Zip
CD
WV-03
Jobs Reported
42
NAICS Code
333612
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
404995.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
407148.75
Forgiveness Date
08/13/2021