PPP Loan information for Craft memorial library

$59,700

Craft memorial library was initially approved for PPP Loan of amount $59,700, the current approved amount is $59,700. The loan was approved on 05/14/2020 by The Summit Community Bank, Inc. reported 9 jobs and $59,700 was used to fund payroll.

Craft memorial library is Existing or more than 2 years old

CRAFT MEMORIAL LIBRARY

Date Approved

05/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

CRAFT MEMORIAL LIBRARY

Borrower Address

600 COMMERCE ST

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-3107

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59700.00

Current Approval Amount

59700.00

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

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-3107

CD

WV-01

Jobs Reported

9

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12700.00

Payroll Proceed

47000.00

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

Non-Profit Organization

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

59975.28

Forgiveness Date

11/05/2020

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