PPP Loan information for Industrial plating & machine inc

$517,842

Industrial plating & machine inc was initially approved for PPP Loan of amount $378,187, the current approved amount is $517,842. The loan was approved on 04/08/2020 by The New Peoples Bank, Inc. reported 42 jobs and $517,842 was used to fund payroll.

Industrial plating & machine inc is Existing or more than 2 years old

PPP Loan Search / WV / BLUEFIELD / Industrial plating & machine inc

INDUSTRIAL PLATING & MACHINE INC

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

INDUSTRIAL PLATING & MACHINE INC

Borrower Address

PO BOX 569

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-0569

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378187.00

Current Approval Amount

517842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

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

CD

WV-03

Jobs Reported

42

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

517842.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524171.18

Forgiveness Date

07/02/2021

;