PPP Loan information for Motel property development corporation

$273,348

Motel property development corporation was initially approved for PPP Loan of amount $273,348, the current approved amount is $273,348. The loan was approved on 04/27/2020 by The WesBanco Bank, Inc. reported 30 jobs and $273,348 was used to fund payroll.

Motel property development corporation is Existing or more than 2 years old

PPP Loan Search / WV / WHEELING / Motel property development corporation

MOTEL PROPERTY DEVELOPMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MOTEL PROPERTY DEVELOPMENT CORPORATION

Borrower Address

795 NATIONAL RD

Borrower City

WHEELING

Borrower State

WV

Borrower Zip

26003

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273347.50

Current Approval Amount

273347.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

OHIO

Project State

WV

Project Zip

26003-0001

CD

WV-02

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

273347.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276710.05

Forgiveness Date

07/22/2021

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