PPP Loan information for Mountaineer fabricators inc

$498,000

Mountaineer fabricators inc was initially approved for PPP Loan of amount $498,000, the current approved amount is $498,000. The loan was approved on 04/07/2020 by The Summit Community Bank, Inc. reported 50 jobs and $498,000 was used to fund payroll.

Mountaineer fabricators inc is Existing or more than 2 years old

PPP Loan Search / WV / NITRO / Mountaineer fabricators inc

MOUNTAINEER FABRICATORS INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MOUNTAINEER FABRICATORS INC

Borrower Address

9 MCJUNKIN RD

Borrower City

NITRO

Borrower State

WV

Borrower Zip

25143-2505

Loan Status Date

03/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498000.00

Current Approval Amount

498000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NITRO

Project County Name

PUTNAM

Project State

WV

Project Zip

25143-2505

CD

WV-01

Jobs Reported

50

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

398000.00

Mortgage Interest Proceed

80000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502454.33

Forgiveness Date

03/03/2021

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