PPP Loan information for Mcdowell supply company

$147,500

Mcdowell supply company was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 05/04/2020 by The MCNB Bank and Trust Co. reported 11 jobs and $147,500 was used to fund payroll.

Mcdowell supply company is Existing or more than 2 years old

PPP Loan Search / WV / BECKLEY / Mcdowell supply company

MCDOWELL SUPPLY COMPANY

Date Approved

05/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MCDOWELL SUPPLY COMPANY

Borrower Address

3266 Robert C Byrd Dr

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-3727

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

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

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-3727

CD

WV-01

Jobs Reported

11

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147500.00

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

Subchapter S Corporation

Originating Lender Location Id

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108940.35

Forgiveness Date

11/10/2020

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