PPP Loan information for Martin's electric and contracting

$40,000

Martin's electric and contracting was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/11/2020 by The Summit Community Bank, Inc. reported 4 jobs and $40,000 was used to fund payroll.

Martin's electric and contracting is Existing or more than 2 years old

PPP Loan Search / WV / PETERSBURG / Martin's electric and contracting

MARTIN'S ELECTRIC AND CONTRACTING

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MARTIN'S ELECTRIC AND CONTRACTING

Borrower Address

423 VIRGINIA AVE

Borrower City

PETERSBURG

Borrower State

WV

Borrower Zip

26847-1719

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

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

26847-1719

CD

WV-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

32000.00

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

Sole Proprietorship

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

40226.67

Forgiveness Date

11/12/2020

;