PPP Loan information for Young brothers machine & electric shop inc

Date Approved

05/05/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

YOUNG BROTHERS MACHINE & ELECTRIC SHOP INC

Borrower Address

PO BOX 817

Borrower City

WILLIAMSON

Borrower State

WV

Borrower Zip

25661-0817

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75536

Servicing Lender Name

The First National Bank of Williamson

Servicing Lender Address

68 E 2nd Ave

Servicing Lender City

WILLIAMSON

Servicing Lender State

WV

Servicing Lender Zip

25661-3534

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSON

Project County Name

MINGO

Project State

WV

Project Zip

25661-0817

CD

WV-01

Jobs Reported

8

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

75536

Originating Lender

The First National Bank of Williamson

Originating Lender City

WILLIAMSON

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78449.38

Forgiveness Date

07/29/2021