West Virginia Steel Corporation

$338,800 PPP Loan in Poca, West Virginia

Loan Details

Loan Number
1141767204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$338,800
Current Approval
$338,800
Forgiveness Amount
$341,567
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Virginia Steel Corporation
Address
327 Glass Addition Rd
City
Poca
ZIP Code
25159-7219
Business Type
Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.5M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$270,000
Utilities
$10,800
Mortgage Interest
$58,000

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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