PPP Loan information for Welch daily news inc

$24,100

Welch daily news inc was initially approved for PPP Loan of amount $24,100, the current approved amount is $24,100. The loan was approved on 04/28/2020 by The MCNB Bank and Trust Co. reported 7 jobs and $24,100 was used to fund payroll.

Welch daily news inc is Existing or more than 2 years old

WELCH DAILY NEWS INC

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

WELCH DAILY NEWS INC

Borrower Address

125 WYOMING ST

Borrower City

WELCH

Borrower State

WV

Borrower Zip

24801-2220

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24100.00

Current Approval Amount

24100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75431

Servicing Lender Name

MCNB Bank and Trust Co.

Servicing Lender Address

75 Wyoming St

Servicing Lender City

WELCH

Servicing Lender State

WV

Servicing Lender Zip

24801-2434

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELCH

Project County Name

MCDOWELL

Project State

WV

Project Zip

24801-2220

CD

WV-01

Jobs Reported

7

NAICS Code

451212

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

3702.00

Payroll Proceed

20398.00

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

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24295.48

Forgiveness Date

02/17/2021

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