PPP Loan information for Parrack insurance agency

$58,200

Parrack insurance agency was initially approved for PPP Loan of amount $58,200, the current approved amount is $58,200. The loan was approved on 04/07/2020 by The Mountain Valley Bank, National Association reported 6 jobs and $58,200 was used to fund payroll.

Parrack insurance agency is Existing or more than 2 years old

PARRACK INSURANCE AGENCY

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PARRACK INSURANCE AGENCY

Borrower Address

1301 HARRISON AVE

Borrower City

ELKINS

Borrower State

WV

Borrower Zip

26241-3322

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58200.00

Current Approval Amount

58200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75317

Servicing Lender Name

Mountain Valley Bank, National Association

Servicing Lender Address

317 Davis Ave

Servicing Lender City

ELKINS

Servicing Lender State

WV

Servicing Lender Zip

26241-3846

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKINS

Project County Name

RANDOLPH

Project State

WV

Project Zip

26241-3322

CD

WV-02

Jobs Reported

6

NAICS Code

524126

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75317

Originating Lender

Mountain Valley Bank, National Association

Originating Lender City

ELKINS

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58609.79

Forgiveness Date

12/28/2020

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