Rainelle Medical Center, Inc.
$1,683,500 PPP Loan in Rainelle, West Virginia
Loan Details
- Loan Number
- 1358507306
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,683,500
- Current Approval
- $1,683,500
- Forgiveness Amount
- $1,693,367
- Forgiveness Date
- Dec 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rainelle Medical Center, Inc.
- Address
- 176 Medical Center Dr
- City
- Rainelle
- State
- West Virginia
- ZIP Code
- 25962-1064
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (621111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 178
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- WV-01
Loan Use Breakdown
- Payroll
- $1,346,848
- Utilities
- $36,652
- Mortgage Interest
- $300,000
Lender Information
- Servicing Lender
- Burke & Herbert Bank & Trust Company
- Originating Lender
- Burke and Herbert Bank and Trust Company
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