PPP Loan information for Pennington equipment sales inc

$52,600

Pennington equipment sales inc was initially approved for PPP Loan of amount $52,600, the current approved amount is $52,600. The loan was approved on 04/11/2020 by The First Community Bank reported 8 jobs and $52,600 was used to fund payroll.

Pennington equipment sales inc is Existing or more than 2 years old

PPP Loan Search / WV / Princeton / Pennington equipment sales inc

PENNINGTON EQUIPMENT SALES INC

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PENNINGTON EQUIPMENT SALES INC

Borrower Address

208 N 1st Street

Borrower City

Princeton

Borrower State

WV

Borrower Zip

24740

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52600.00

Current Approval Amount

52600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MERCER

Project State

WV

Project Zip

24740-0001

CD

WV-01

Jobs Reported

8

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2630.00

Payroll Proceed

47340.00

Mortgage Interest Proceed

2630.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

53032.33

Forgiveness Date

02/11/2021

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