PPP Loan information for Specialty groups inc.

$677,963

Specialty groups inc. was initially approved for PPP Loan of amount $677,963, the current approved amount is $677,963. The loan was approved on 02/02/2021 by The MVB Bank, Inc. reported 50 jobs and $677,963 was used to fund payroll.

Specialty groups inc. is Existing or more than 2 years old

SPECIALTY GROUPS INC.

Date Approved

02/02/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

SPECIALTY GROUPS INC.

Borrower Address

10771 Buckhannon Pike

Borrower City

Lost Creek

Borrower State

WV

Borrower Zip

26385-7228

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

677963.45

Current Approval Amount

677963.45

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

Lost Creek

Project County Name

HARRISON

Project State

WV

Project Zip

26385-7228

CD

WV-02

Jobs Reported

50

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

677958.45

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

Non-Veteran

Non Profit

Forgiveness Amount

691579.22

Forgiveness Date

02/02/2023

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