PPP Loan information for Daniels company (west virginia) inc

$494,000

Daniels company (west virginia) inc was initially approved for PPP Loan of amount $494,000, the current approved amount is $494,000. The loan was approved on 05/12/2020 by The Summit Community Bank, Inc. reported 28 jobs and $494,000 was used to fund payroll.

Daniels company (west virginia) inc is Existing or more than 2 years old

DANIELS COMPANY (WEST VIRGINIA) INC

Date Approved

05/12/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DANIELS COMPANY (WEST VIRGINIA) INC

Borrower Address

238 MARKELL DR

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-7350

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494000.00

Current Approval Amount

494000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-7350

CD

WV-01

Jobs Reported

28

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

400000.00

Mortgage Interest Proceed

80000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496483.72

Forgiveness Date

11/17/2020

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