PPP Loan information for Rail connection inc

$35,950

Rail connection inc was initially approved for PPP Loan of amount $35,950, the current approved amount is $35,950. The loan was approved on 04/27/2020 by The MVB Bank, Inc. reported 3 jobs and $35,950 was used to fund payroll.

Rail connection inc is Existing or more than 2 years old

RAIL CONNECTION INC

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RAIL CONNECTION INC

Borrower Address

PO Box 800

Borrower City

ELEANOR

Borrower State

WV

Borrower Zip

25070

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35950.00

Current Approval Amount

35950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELEANOR

Project County Name

PUTNAM

Project State

WV

Project Zip

25070-0001

CD

WV-01

Jobs Reported

3

NAICS Code

336510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35950.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36152.72

Forgiveness Date

11/24/2020

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