PPP Loan information for Morgantown early learning facility

$166,800

Morgantown early learning facility was initially approved for PPP Loan of amount $166,800, the current approved amount is $166,800. The loan was approved on 04/13/2020 by The Clear Mountain Bank, Inc. reported 47 jobs and $166,800 was used to fund payroll.

Morgantown early learning facility is Existing or more than 2 years old

MORGANTOWN EARLY LEARNING FACILITY

Date Approved

04/13/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MORGANTOWN EARLY LEARNING FACILITY

Borrower Address

302 scott ave

Borrower City

morgantown

Borrower State

WV

Borrower Zip

26508

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166800.00

Current Approval Amount

166800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74988

Servicing Lender Name

Clear Mountain Bank, Inc.

Servicing Lender Address

Morgantown St

Servicing Lender City

BRUCETON MILLS

Servicing Lender State

WV

Servicing Lender Zip

26525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

morgantown

Project County Name

MONONGALIA

Project State

WV

Project Zip

26508-0001

CD

WV-02

Jobs Reported

47

NAICS Code

624410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

147300.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

74988

Originating Lender

Clear Mountain Bank, Inc.

Originating Lender City

BRUCETON MILLS

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

168244.08

Forgiveness Date

03/05/2021

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