AK TRADE, LLC (WV) - 2020 PPP Loan Borrower Profile (# 7421547308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AK TRADE, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in West Virginia.

Loan Detail

Loan Number

7421547308

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$21,700

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$21,818.75

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

225

Payroll Proced

16,275

Rent Proceed

5,200

Lender

First Exchange Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

445299

Borrower Location

MORGANTOWN, WV

Project Location

MORGANTOWN, WV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.