PPP Loan information for Practicelink ltd

$663,600

Practicelink ltd was initially approved for PPP Loan of amount $663,600, the current approved amount is $663,600. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 53 jobs and $663,600 was used to fund payroll.

Practicelink ltd is Existing or more than 2 years old

PRACTICELINK LTD

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PRACTICELINK LTD

Borrower Address

415 2nd Avenue

Borrower City

HINTON

Borrower State

WV

Borrower Zip

25951-0415

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

663600.00

Current Approval Amount

663600.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

HINTON

Project County Name

SUMMERS

Project State

WV

Project Zip

25951-0415

CD

WV-01

Jobs Reported

53

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

580000.00

Mortgage Interest Proceed

63600.00

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

Unanswered

Non Profit

Forgiveness Amount

667821.23

Forgiveness Date

12/17/2020

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