PPP Loan information for Wood shop inc

$20,100

Wood shop inc was initially approved for PPP Loan of amount $20,100, the current approved amount is $20,100. The loan was approved on 02/19/2021 by The Summit Community Bank, Inc. reported 3 jobs and $20,100 was used to fund payroll.

Wood shop inc is Existing or more than 2 years old

WOOD SHOP INC

Date Approved

02/19/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

WOOD SHOP INC

Borrower Address

864 Holly Hill Rd

Borrower City

Princeton

Borrower State

WV

Borrower Zip

24740-9312

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20100.00

Current Approval Amount

20100.00

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

Princeton

Project County Name

MERCER

Project State

WV

Project Zip

24740-9312

CD

WV-01

Jobs Reported

3

NAICS Code

337212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20097.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20312.17

Forgiveness Date

03/10/2022

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