Raines Motors Inc.

$130,000 PPP Loan in South Charleston, West Virginia

Loan Details

Loan Number
7566228608
Date Approved
Mar 23, 2021
Loan Status
Paid in Full
Initial Approval
$130,000
Current Approval
$130,000
Forgiveness Amount
$131,724
Forgiveness Date
Jul 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Raines Motors Inc.
Address
5102 Maccorkle Ave SW
ZIP Code
25309-1110
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WV-01

Loan Use Breakdown

Payroll
$129,996
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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