PPP Loan information for Welch daily news inc

$18,500

Welch daily news inc was initially approved for PPP Loan of amount $18,500, the current approved amount is $18,500. The loan was approved on 03/12/2021 by The MCNB Bank and Trust Co. reported 6 jobs and $18,500 was used to fund payroll.

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

WELCH DAILY NEWS INC

Date Approved

03/12/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

WELCH DAILY NEWS INC

Borrower Address

125 Wyoming St

Borrower City

Welch

Borrower State

WV

Borrower Zip

24801-2220

Loan Status Date

11/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18500.00

Current Approval Amount

18500.00

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

6

NAICS Code

511110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18499.00

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

18794.46

Forgiveness Date

10/12/2022

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