PPP Loan information for Mayo manufacturing company inc

$565,879

Mayo manufacturing company inc was initially approved for PPP Loan of amount $565,879, the current approved amount is $565,879. The loan was approved on 02/04/2021 by The Logan Bank & Trust Company reported 43 jobs and $565,879 was used to fund payroll.

Mayo manufacturing company inc is Existing or more than 2 years old

PPP Loan Search / WV / Chapmanville / Mayo manufacturing company inc

MAYO MANUFACTURING COMPANY INC

Date Approved

02/04/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MAYO MANUFACTURING COMPANY INC

Borrower Address

54 Owens Rd

Borrower City

Chapmanville

Borrower State

WV

Borrower Zip

25508-7703

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

565879.00

Current Approval Amount

565879.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapmanville

Project County Name

LOGAN

Project State

WV

Project Zip

25508-7703

CD

WV-01

Jobs Reported

43

NAICS Code

423810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

565874.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

573046.80

Forgiveness Date

05/12/2022

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