West Electric & Machine Co., INC

$168,100 PPP Loan in Morgantown, West Virginia

Loan Details

Loan Number
6679207009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$168,100
Current Approval
$168,100
Forgiveness Amount
$169,551
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Electric & Machine Co., INC
Address
8 W Electric Drive
ZIP Code
26508-2981
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WV-02

Loan Use Breakdown

Payroll
$144,739
Utilities
$3,878
Health Care
$19,483

Lender Information

Servicing Lender
Clear Mountain Bank, Inc.
Originating Lender
Clear Mountain Bank, Inc.

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